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)
Securities And Exchange Board of India (Depositories And Participants) Regulations, 1996 Chapter V RIGHTS AND OBLIGATIONS OF DEPOSITORIES, PARTICIPANTS, ISSUERS, MANNER OF SURRENDER OF CERTIFICATE OF SECURITY AND CREATION OF PLEDGE OR HYPOTHECATION
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Agreement by participant: participants must execute an agreement with the beneficial owner before acting, as prescribed by depository rules. Regulation 41 requires that every participant execute an agreement with the beneficial owner before acting on the owner's behalf, and that the agreement's manner and form be specified by the depository in its bye laws.
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.
Agreement by participant: participants must execute an agreement with the beneficial owner before acting, as prescribed by depository rules.
Regulation 41 requires that every participant execute an agreement with the beneficial owner before acting on the owner's behalf, and that the agreement's manner and form be specified by the depository in its bye laws.
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