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RRTI Circular 1 2002-2003

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....ard, as per Regulation 6(c) of the SEBI (Registrars to an Issue and Share Transfer Agents) Regulations, 1993, while considering applications for granting certificates of registration under the said Regulations, is required to consider interalia whether a person directly or indirectly connected with the applicant has not been granted registration by SEBI. It is clarified that while considering t....

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....as per the above policy, two entities in the same group are granted registration, any action by way of suspension or cancellation of registration taken by SEBI against one entity, may entail action under Regulation 22 of the said Regulations against other entities of the same group registered in terms of the said Regulations. Explanation: For the purposes of this circular, two entities are cons....