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          <h1>Vault Manager Must Apply to SEBI for Registration Surrender, Resolve Gold Disputes, and Ensure No Pending Obligations</h1> A Vault Manager seeking to surrender its registration must apply to the Securities and Exchange Board of India (SEBI) in accordance with the Securities and Exchange Board of India (Intermediaries) Regulations, 2008. The application must demonstrate that there are no pending obligations for the physical delivery of gold and that all disputes regarding deposited gold have been resolved. Upon successful surrender of registration, the Vault Manager's financial security deposit will be refunded according to SEBI's specified procedures.

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