Payment of registration fees required for clearing member certification; Board may permit delayed payment within six months for sufficient cause. Regulation 10C requires applicants for certification as a clearing member to pay fees in the manner and amounts specified in the applicable schedules, and ... Summary
Securities and Exchange Board of India (Stock Brokers) Regulations, 1992
Payment of registration fees required for clearing member certification; Board may permit delayed payment within six months for sufficient cause.
Regulation 10C requires applicants for certification as a clearing member to pay fees in the manner and amounts specified in the applicable schedules, and allows the Board, upon sufficient cause being shown, to permit payment up to six months after the fees become due.
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