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>Regulation 52: Participants Must Obtain Depository Approval Before Delegating Functions to Others Under SEBI Regulations 1996.</h1> Regulation 52 of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 1996, prohibits any participant from assigning or delegating its functions to another person without obtaining prior approval from the depository. This regulation is part of the broader framework governing the rights and obligations of depositories, participants, issuers, and the procedures for surrendering security certificates and creating pledges or hypothecations.
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