Payment of Annual Fees of Sub Brokers

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Full Text of the Document

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....tors of  All Stock Exchanges. Dear Sir, Sub: Payment of Annual Fees of Sub Brokers. It has been observed that demand drafts received by SEBI towards Annual Fees payable by the sub- brokers as per Schedule III of Regulation 10 of SEBI (Stock Brokers and Sub Brokers) Regulations, 1992, either directly or through the concerned stock exchanges, many a times do not provide important detai....