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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Reconciliation requirement: issuers must reconcile dematerialised securities daily; depository must reconcile government securities daily as mandated. Regulation 55 requires the issuer or its agent to reconcile records of dematerialised securities with all securities issued by the issuer on a daily basis, and where the State or Central Government issues government securities the depository must perform daily reconciliation of dematerialised government securities.
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.
Reconciliation requirement: issuers must reconcile dematerialised securities daily; depository must reconcile government securities daily as mandated.
Regulation 55 requires the issuer or its agent to reconcile records of dematerialised securities with all securities issued by the issuer on a daily basis, and where the State or Central Government issues government securities the depository must perform daily reconciliation of dematerialised government securities.
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