Chapter VII - RIGHTS AND OBLIGATIONS OF DEPOSITORIES, PARTICIPANTS, ISSUERS, MANNER OF SURRENDER OF CERTIFICATE OF SECURITY AND CREATION OF PLEDGE OR HYPOTHECATION (From Regulation 40 to Regulation 82AA)
Monitoring of shareholding limits: depositories must periodically check holdings and report breaches within seven days. The depository must establish a monitoring mechanism to ensure continuous compliance with shareholding restrictions, perform periodic checks of shareholding data to verify adherence to Chapter IV limits, and intimate the Board within seven days upon any breach; listed depositories must follow the Board's January 01, 2016 circular for guidance.
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.
Monitoring of shareholding limits: depositories must periodically check holdings and report breaches within seven days.
The depository must establish a monitoring mechanism to ensure continuous compliance with shareholding restrictions, perform periodic checks of shareholding data to verify adherence to Chapter IV limits, and intimate the Board within seven days upon any breach; listed depositories must follow the Board's January 01, 2016 circular for guidance.
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