Securities and Exchange Board of India (Depositories & Participants (Amendment) Regulations, 1999.

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....section 30 of Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following regulations further to amend Securities and Exchange Board of India (Depositories and Participants)Regulations,1996, namely: l.(i) These regulations may be called Securities and Exchange Board of India (Depositories and Participants) (Amendment) Regulations, 1999. (ii) They shall....

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....agent". (b) in regulation 19 in clause (a), for the first proviso the following proviso shall be substituted namely:- "Provided that the stock broker shall have a minimum net worth of rupees 50 lakhs and the aggregate value of portfolio of securities of the beneficial owners held in dematerialised form in a depository through him, shall not exceed the following Limits: Net worth (in....