Credit rating agencies

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.... it proposes to rate, and every such agreement shall include the right and liabilities of each party and fee to be charged by such credit rating agency. (2) The client shall provide all co-operation required for arriving at a true and accurate rating of the securities or other permitted financial products by a registered credit rating agency. (3) A registered credit rating agency shall infor....

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....fee, (c) At the request of an issuer, except where such request might give rise to avoiding an imminent rating change, or (d) Where such credit rating agency is constrained from providing service due to events beyond its control: Provided further that the reason for withdrawal of rating shall be mentioned in the press release issued by the registered credit rating a....

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.... A registered credit rating agency shall specify the rating process and file a copy of the same to the Authority for record. (10) A registered credit rating agency shall have professional rating committees, comprising members who are adequately qualified and knowledgeable to assign a rating, and all rating decisions shall be taken by the said committee. (11) A registered credit rating agency....