Definitions

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....not listed on any recognised stock exchange, shall be construed with reference to the definition of control as provided in sub-section (27) of Section 2 of the Companies Act, 2013 (18 of 2013);] (c) "client" means any person who has entered into an agreement with a ^4[custodian] to avail of custodial services provided by the ^4[custodian]; (d) "^4[custodian]" means any person who carries on or proposes to carry on the business of providing custodial services; ^1[(e)"custodial services" in relation to securities ^5[or goods] of a client or gold or gold related instruments ^14[or silver or silver related instruments] held by a mutual fund or title deeds of real estate assets held by a real estate mutual fund scheme ....

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....ms set out in the First Schedule; ^12[(ha) 'goods' means the goods notified by the Central Government under clause (bc) of section 2 of the Securities contracts (Regulation) Act, 1956 and forming the underlying of any commodity derivative contract;] (i) "inspecting officer" means an inspecting officer appointed by the Board under regulation 21; (j) "Schedule" means a Schedule annexed to these regulations. ^13[(k) "securities" shall have the meaning assigned to it in clause (h) of section 2 of the Securities Contracts (Regulation) Act, 1956.]     ************* NOTES:- 1 Substituted by the SEBI (Custodian of Securities) (Amendment) Regulations, 2008, w.e.f. 4-7- 2008. Prior to su....

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....ities, having a bearing on the benefits or rights accruing to the client; and (v) maintaining and reconciling records of the services referred to in sub-clause (i) to (iii);" 2 Inserted by the SEBI (Facilitation of Issuance of Indian Depository Receipts) (Amendment) Regulations, 2009 with effect from 19-6-2009. 3 Omitted by the SEBI (Procedure for Holding Enquiry by Enquiry Officer and Imposing Penalty) Regulations, 2002, w.e.f. 27-9-2002. Prior to its omission, clause (g) read as under, '(g) "enquiry officer" means an enquiry officer appointed by the Board, under regulation 29;" 4. Substituted vide NOTIFICATION No. SEBI/LAD-NRO/GN/2019/01 dated 01-01-2019 before it was read as "custodian of securities" 5. Inserte....