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    <title>Criteria for determining a ‘fit and proper person’</title>
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    <description>The fit and proper person criteria for SEBI intermediaries require applicants and intermediaries to meet competence, infrastructure, manpower and financial soundness standards, and apply to principals, directors, compliance officers, key management persons, promoters and controlling persons. The Board may consider integrity, reputation, conduct and specified adverse events such as restraint orders, convictions, insolvency, wilful default and related disqualifications. A declaration of not fit and proper follows a hearing, affects eligibility for registration, and may require replacement of disqualified persons or divestment of holdings.</description>
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    <pubDate>Sat, 05 Jan 2019 17:25:46 +0530</pubDate>
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      <title>Criteria for determining a ‘fit and proper person’</title>
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      <description>The fit and proper person criteria for SEBI intermediaries require applicants and intermediaries to meet competence, infrastructure, manpower and financial soundness standards, and apply to principals, directors, compliance officers, key management persons, promoters and controlling persons. The Board may consider integrity, reputation, conduct and specified adverse events such as restraint orders, convictions, insolvency, wilful default and related disqualifications. A declaration of not fit and proper follows a hearing, affects eligibility for registration, and may require replacement of disqualified persons or divestment of holdings.</description>
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      <pubDate>Sat, 05 Jan 2019 17:25:46 +0530</pubDate>
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