No Objection Certificate for deposit release requires detailed issue disclosure and investor complaint redressal evidence. Application for a No Objection Certificate to release the 1% deposit must be submitted on issuer letterhead and include comprehensive issue particulars (company/registrar details, subscription and despatch dates, NRI dispatch evidence, refund account reconciliation and designated exchange identity). The company must describe its investor complaint redressal system, provide a complaint status table by source, explain complaint types and pendency reasons, and attach the exchange directive to seek NOC, exchange trading/listing permission, exchange certificate of fee payments, and a registrar certificate confirming NRI certificate dispatch.