Introducing the βIn Favour Ofβ filter in Case Laws.
- βοΈ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- π Narrow down results with higher precision
Try it now in Case Laws β


Just a moment...
Introducing the βIn Favour Ofβ filter in Case Laws.
Try it now in Case Laws β


Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>SEBI Mandates UIN for Market Participants by March 2004; NSDL to Provide Services Under 2003 Regulations.</h1> The SEBI (Central Database of Market Participants) Regulations, 2003, effective from November 20, 2003, designate the National Securities Depositories Limited (NSDL) as the service provider. Specified intermediaries and related individuals must obtain a Unique Identification Number (UIN) by March 31, 2004, to continue operations. Applicants must provide biometric data and accurate information when applying. Obligations include updating MAPIN Database details within 30 days and ensuring new related persons apply for a UIN. Non-compliance will result in regulatory action. Depositories must amend rules, notify depository participants, and report implementation status to SEBI. This circular aims to protect investors and regulate the securities market.