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of <h1>Depositories Must Apply for Business Commencement Certificate Within One Year Under SEBI Regulation 7 Using Form C</h1> A depository that has received a certificate of registration under Regulation 7 must apply to the Securities and Exchange Board of India (SEBI) for a certificate of commencement of business within one year from the issuance of the registration certificate. This application must be submitted in Form C as outlined in Chapter III of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 1996.
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