Introducing the “In Favour Of” filter in Case Laws.
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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>SEBI Can Reject Depository's Business Certificate Application After Hearing; Must Provide Written Reasons Within 30 Days.</h1> If the Securities and Exchange Board of India (SEBI) decides not to grant a certificate of commencement of business to a depository, it may either instruct the depository to comply with specific requirements or reject the application after a hearing. If rejected, SEBI must notify the depository in writing within thirty days, detailing the reasons for the rejection.
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