Chapter V - RIGHTS AND OBLIGATIONS OF DEPOSITORIES, PARTICIPANTS, ISSUERS, MANNER OF SURRENDER OF CERTIFICATE OF SECURITY AND CREATION OF PLEDGE OR HYPOTHECATION (From Regulation 26 to Regulation 58C)
Permanent registration: participants must apply before expiry, meet eligibility, and pay prescribed fees to maintain registration in force. Regulation 20A requires participants to apply through their depository for a certificate of permanent registration before expiry of their existing certificate, submit updated information and a declaration, pay the prescribed application fee, and be treated as a fresh initial registration application; the Board grants the certificate on satisfying eligibility and the participant must pay the specified registration and annual fees and periodic multi year fees to keep registration in force.
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.
Permanent registration: participants must apply before expiry, meet eligibility, and pay prescribed fees to maintain registration in force.
Regulation 20A requires participants to apply through their depository for a certificate of permanent registration before expiry of their existing certificate, submit updated information and a declaration, pay the prescribed application fee, and be treated as a fresh initial registration application; the Board grants the certificate on satisfying eligibility and the participant must pay the specified registration and annual fees and periodic multi year fees to keep registration in force.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
