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 ... Summary
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.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.