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of <h1>SEBI allows stock brokers to pay registration fees within six months if sufficient cause is shown under Schedule III/V.</h1> Every applicant eligible for a stock broker registration certificate must pay the fees as specified in Schedule III or Schedule V of the Securities and Exchange Board of India (Stock Brokers) Regulations, 1992. The Securities and Exchange Board of India (SEBI) may allow the stock broker to pay these fees within six months from the due date if a sufficient cause is demonstrated.
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