https://www.taxtmi.com/caselaws?id=388598 A fresh broker registration granted after a material change in shareholding and control was treated as the operative registration date for regulatory fee purposes, so fee continuity from the original registration was rejected. Where the broker operated only in the Wholesale Debt Market segment, the lower segment-specific turnover fee rate applied and the higher general rate could not be imposed merely because the registration certificate was not in the prescribed format, particularly when turnover was otherwise ascertainable. Any unpaid principal remaining after adjustment of deposits could attract simple interest on the balance due. en-us Thu, 19 Sep 2019 00:00:00 +0530 Tue, 19 Nov 2019 12:20:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388598 A fresh broker registration granted after a material change in shareholding and control was treated as the operative registration date for regulatory fee purposes, so fee continuity from the original registration was rejected. Where the broker operated only in the Wholesale Debt Market segment, the lower segment-specific turnover fee rate applied and the higher general rate could not be imposed merely because the registration certificate was not in the prescribed format, particularly when turnover was otherwise ascertainable. Any unpaid principal remaining after adjustment of deposits could attract simple interest on the balance due. Case-Laws SEBI Thu, 19 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388598