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        SEBI

        Relaxation in time period for certain activities carried out by depository participants, RTAs / issuers, KRAs, stock brokers

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        Relaxation of compliance timelines excludes lockdown period, extending time to process demat and KYC obligations. Processing timelines for demat request forms by issuers/RTAs and participants, and the obligation to upload KYC applications and supporting documents on KRA systems, are temporarily relaxed by excluding the lockdown period from computation of prescribed timelines, with an additional brief period provided after the exclusion to clear backlogs; exchanges and depositories must notify members and disseminate the relaxation.
                          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.

                                Relaxation of compliance timelines excludes lockdown period, extending time to process demat and KYC obligations.

                                Processing timelines for demat request forms by issuers/RTAs and participants, and the obligation to upload KYC applications and supporting documents on KRA systems, are temporarily relaxed by excluding the lockdown period from computation of prescribed timelines, with an additional brief period provided after the exclusion to clear backlogs; exchanges and depositories must notify members and disseminate the relaxation.


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