PAN as sole identification mandates cessation of UIN and requires exchanges and depositories to notify participants. SEBI mandates PAN as the sole identification number for all securities market participants and transactions, discontinuing the requirement of the Unique Identification Number under the MAPIN framework. Stock exchanges and depositories must notify their members, clearing members and depository participants and publish the change on their websites as an operational compliance requirement to protect investor interests and regulate the market.
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.
PAN as sole identification mandates cessation of UIN and requires exchanges and depositories to notify participants.
SEBI mandates PAN as the sole identification number for all securities market participants and transactions, discontinuing the requirement of the Unique Identification Number under the MAPIN framework. Stock exchanges and depositories must notify their members, clearing members and depository participants and publish the change on their websites as an operational compliance requirement to protect investor interests and regulate the market.
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