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    <title>Failure to pay fees in the manner specified in Schedule III of the SEBI (Stock brokers and Sub-brokers) Rules and Regulations, 1992 read with Circular No. SMD/ Policy/ Cir-07/ 2002 dated March 28, 2002</title>
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    <description>Brokers must pay registration fees as required by Schedule III; failure permits the Board under Regulation 10(2) to suspend registration and stop brokers from dealing in securities. Non-compliance with registration conditions, including unpaid fees, may lead to enquiry and penalties under SEBI procedure regulations. A previously provided transitional facility for partial payment and undertakings was withdrawn; brokers who did not comply and whose collections are not stayed by court must pay outstanding fees and interest up to the stated financial year by the prescribed deadline or face enforcement under the SEBI Act and broker regulations.</description>
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    <pubDate>Wed, 25 Jun 2003 00:00:00 +0530</pubDate>
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      <description>Brokers must pay registration fees as required by Schedule III; failure permits the Board under Regulation 10(2) to suspend registration and stop brokers from dealing in securities. Non-compliance with registration conditions, including unpaid fees, may lead to enquiry and penalties under SEBI procedure regulations. A previously provided transitional facility for partial payment and undertakings was withdrawn; brokers who did not comply and whose collections are not stayed by court must pay outstanding fees and interest up to the stated financial year by the prescribed deadline or face enforcement under the SEBI Act and broker regulations.</description>
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