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        SEBI

        Regulation 14 - Grant of certificate of commencement of business

        Securities And Exchange Board of India (Depositories And Participants) Regulations, 1996
        Chapter III
        CERTIFICATE OF COMMENCEMENT OF BUSINESS

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        Certificate of commencement of business: Board grants it after verifying eligibility and physical inspection, enabling a depository to commence operations. The Board, after considering the application under regulation 13 and making the physical verification required by that regulation, must be satisfied of the depository's eligibility before granting a certificate of commencement of business; when satisfied, the Board shall grant the certificate in Form D.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Certificate of commencement of business: Board grants it after verifying eligibility and physical inspection, enabling a depository to commence operations.

                                The Board, after considering the application under regulation 13 and making the physical verification required by that regulation, must be satisfied of the depository's eligibility before granting a certificate of commencement of business; when satisfied, the Board shall grant the certificate in Form D.


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