UIN requirement for corporate investors requires registration, but entities with government as promoter are exempt under SEBI. All corporate investors and their promoters and directors are required to obtain a Unique Identification Number (UIN) under the Central Database of Market Participants regime; however, where the President of India, the Central Government, or a State Government is a promoter of a corporate investor, that promoter is exempt from the UIN requirement.
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.
UIN requirement for corporate investors requires registration, but entities with government as promoter are exempt under SEBI.
All corporate investors and their promoters and directors are required to obtain a Unique Identification Number (UIN) under the Central Database of Market Participants regime; however, where the President of India, the Central Government, or a State Government is a promoter of a corporate investor, that promoter is exempt from the UIN requirement.
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