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    <title>Suspension, Cancellation or Surrender of Certificate of Registration of a Credit Rating Agency</title>
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    <description>From the date of order or surrender request, a CRA must disclose the action, stop new mandates, permit client withdrawal and facilitate migration to other SEBI-registered CRAs; continue cooperation with SEBI and provide records until wound up. On surrender acceptance or winding up the CRA must return the certificate, cease representing itself as registered, suspend rating activity and make liability provisions. Cancellation leaves ratings valid until client withdrawal/migration or winding up; surrender leaves ratings valid until client withdrawal/migration or SEBI acceptance; suspension renders ratings invalid during suspension. Issuers must obtain ratings from other registered CRAs for regulatory compliance.</description>
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    <pubDate>Thu, 13 Oct 2022 00:00:00 +0530</pubDate>
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      <description>From the date of order or surrender request, a CRA must disclose the action, stop new mandates, permit client withdrawal and facilitate migration to other SEBI-registered CRAs; continue cooperation with SEBI and provide records until wound up. On surrender acceptance or winding up the CRA must return the certificate, cease representing itself as registered, suspend rating activity and make liability provisions. Cancellation leaves ratings valid until client withdrawal/migration or winding up; surrender leaves ratings valid until client withdrawal/migration or SEBI acceptance; suspension renders ratings invalid during suspension. Issuers must obtain ratings from other registered CRAs for regulatory compliance.</description>
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