https://www.taxtmi.com/acts?id=35153 A custodian's certificate is conditional on meeting capital requirements before commencing activities, complying with the Act and regulations, entering into valid client agreements, paying prescribed annual fees, promptly informing the Board of materially false information or changes, and obtaining prior Board approval for any change in control. Additionally, custodians may engage in financial services subject to Board specified conditions, with a proviso limiting non banking custodians to render such services only under conditions set by the Board. en-us Thu, 17 Jan 2019 09:53:44 +0530 Wed, 24 Sep 2025 11:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=35153 A custodian's certificate is conditional on meeting capital requirements before commencing activities, complying with the Act and regulations, entering into valid client agreements, paying prescribed annual fees, promptly informing the Board of materially false information or changes, and obtaining prior Board approval for any change in control. Additionally, custodians may engage in financial services subject to Board specified conditions, with a proviso limiting non banking custodians to render such services only under conditions set by the Board. Act-Rules SEBI Thu, 17 Jan 2019 09:53:44 +0530 https://www.taxtmi.com/acts?id=35153