Certificate of registration requirements for depositories: prescribed disclosures, infrastructure, declarations and regulatory compliance obligations. Application procedure for grant of certificate of registration as depository requires sponsors and the depository to submit a fully completed form with incorporation documents, objects, activities, affiliates, regulatory registrations, audited net worth, capital and proposed shareholding, draft bye-laws, application fee, original signatures and attested copies; directors and principal officers must disclose qualifications, experience and adverse litigation; applicants must detail organisational, IT, monitoring and indemnification arrangements; and each applicant must declare completeness, agree to notify changes and to comply with the SEBI Act, the Depositories Regulations and any SEBI directives.