Grant of certificate of registration.

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....he applicant. 4[(2) The certificate of registration granted under sub-regulation (1) shall be valid unless it is suspended or cancelled by the Board.] 5[(3) The credit rating agency who has already been granted certificate of registration by the Board, prior to the commencement of the Securities and Exchange Board of India (Change in Conditions of Registration of Certain Intermediaries) (Amendme....

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....rt A of the Second Schedule, in the manner prescribed in Part B thereof." 2 The word "initial" was omitted by the Securities and Exchange Board of India (Change In Conditions Of Registration Of Certain Intermediaries) (Amendment) Regulations, 2016 w.e.f. 08-12-2016. 3 The word "initial" was omitted by the Securities and Exchange Board of India (Change In Conditions Of Registration Of Certain I....