https://www.taxtmi.com/circulars?id=58392 Subsidiaries of stock exchanges acting as stock brokers may rely on in-person verification performed by their sub-brokers (who are also registered as stock brokers of the parent exchange), but the subsidiaries retain ultimate responsibility for ensuring IPV and must obtain and retain the requisite IPV documents for their records. en-us Tue, 25 Oct 2011 00:00:00 +0530 Sat, 15 Dec 2018 16:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58392 Subsidiaries of stock exchanges acting as stock brokers may rely on in-person verification performed by their sub-brokers (who are also registered as stock brokers of the parent exchange), but the subsidiaries retain ultimate responsibility for ensuring IPV and must obtain and retain the requisite IPV documents for their records. Circulars SEBI Tue, 25 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58392