DOCSLIB.ORG

Annexure 1 Enclosed Along with This Circular

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Annexure 1 Enclosed Along with This Circular Contents 1 MEMBERSHIP ............................................................................................................................. 1 Membership Categories ............................................................................................................. 1 Eligibility Criteria ........................................................................................................................ 1 Fees, Deposits & Net worth Requirements ................................................................................ 1 Membership Forms .................................................................................................................... 1 Fixed Deposit Receipts (FDRs) towards Base Minimum Capital ................................................ 2 Nature of clients ......................................................................................................................... 2 NISM certification for approved users and sales personnel ...................................................... 3 Online Registration Mechanism for Securities Market .............................................................. 3 Code of advertisement for stock brokers .................................................................................. 3 Segregated Nominee Account Structure ................................................................................... 3 2 PRODUCTS ................................................................................................................................. 5 3 MARKET OPERATIONS ............................................................................................................... 6 Trading Hours ............................................................................................................................. 6 Trading Holidays ......................................................................................................................... 6 Liquidity Enhancement Scheme (LES) ........................................................................................ 6 3.3.1 Framework for Conflict of Interest under Liquidity Enhancement Scheme (LES) ...... 7 3.3.2 Submission of Incentive Claims under Liquidity Enhancement Scheme (LES) ............ 7 Transaction Charges ................................................................................................................... 7 Calendar Spread Functionality ................................................................................................... 7 Activation/De-activation of Trading User Ids ............................................................................. 7 3.6.1 Proprietary Trading ..................................................................................................... 7 3.6.2 Algorithmic trading ..................................................................................................... 8 New Trading Applications and Facilities .................................................................................... 8 3.7.1 INX EBOSS Application for Members .......................................................................... 8 3.7.2 API Updates ................................................................................................................. 8 3.7.3 Market Data ................................................................................................................ 8 3.7.4 SFTP (Secured File Transfer Protocol) service for Members ....................................... 9 3.7.5 Customer Relationship System (CRS) application for Members ................................. 9 3.7.6 Global Securities Market - Green Debt Reporting Platform ....................................... 9 Mock Trading Schedule .............................................................................................................. 9 Test Environment ..................................................................................................................... 10 List of Files and formats ........................................................................................................... 10 Reference Circulars .................................................................................................................. 10 Issuance, listing and trading of debt securities in IFSC ............................................................ 10 Server Non-Usage Charges ....................................................................................................... 10 Methodology for computation of Daily Settlement Price........................................................ 10 4 REGULATORY & COMPLIANCE ................................................................................................ 11 Price Bands ............................................................................................................................... 11 Position Limits .......................................................................................................................... 11 4.2.1 Trading Member-wide Position Limit ....................................................................... 11 4.2.2 Client-wide Position Limit ......................................................................................... 13 4.2.3 Monitoring of Positions based on Unique Client Codes ........................................... 14 4.2.4 Penalty for Position limit violation ............................................................................ 15 4.2.5 Clubbing of open positions ....................................................................................... 15 Market Parameters .................................................................................................................. 16 4.3.1 Dynamic Price Bands Relaxation ............................................................................... 16 4.3.2 PAN-based Self-trade Prevention Check ................................................................... 16 4.3.3 Price Reasonability Check for Derivatives Segment .................................................. 16 4.3.4 Policy for Annulment of trades undertaken on India INX Trading platform ............. 16 Regulatory Disclosures ............................................................................................................. 17 4.4.1 Participant-wide Trading Volume/Open Interest Data ............................................. 17 Registration of terminals and location code details ................................................................ 17 Reporting for Artificial Intelligence (AI) and Machine Learning (ML) applications and systems offered and used by market intermediaries ............................................................................ 17 Quarterly submission of Cyber Security & Cyber Resilience Framework ................................ 17 FAQ for the guidance of entities in IFSC .................................................................................. 18 Participation of Non – Resident Individuals in trading of derivatives contracts and debt instruments available at the India International Exchange (IFSC) Ltd ..................................... 18 Framework for issue of Depository Receipts ........................................................................... 19 Clarification circulars regarding participation of Eligible Foreign Investors (EFIs) and Foreign Portfolio Investors (FPIs) in IFSC............................................................................................... 19 4.11.1 Participation of Foreign Portfolio Investors (FPIs) in Commodity Derivatives ......... 19 4.11.2 Clarification on participation of Eligible Foreign Investors (EFIs) in Commodity Derivatives ................................................................................................................................ 20 4.11.3 Operational Guidelines for FPIs & DDPs under SEBI (Foreign Portfolio Investors), Regulations 2019 and for Eligible Foreign Investors ................................................................ 20 Operating Guidelines for Alternative Investment Funds (AIF) ................................................. 20 Unique Client Code .................................................................................................................. 21 Anti-Money Laundering and Combating Financing of Terrorism............................................. 21 Margin Information Report to Trading Members .................................................................... 22 Reporting of Suspicious Transaction Reports .......................................................................... 22 Commodity Hedging................................................................................................................. 23 Cooling off for High Order to Trade Ratio (OTR) in Algorithmic Trading in INDIA INX ............ 23 Rationalization of imposition of fines for false reporting of margins by Trading Members .... 24 Net worth Computation and Submission ................................................................................. 24 System Audit reports (SAR) ...................................................................................................... 24 Internal Audit reports (IAR) ...................................................................................................... 25 Audited Annual Accounts & Auditor’s Report ......................................................................... 25 Policy
Load more

Recommended publications
  • Axis Direct Sign Up
    Axis Direct Sign Up Simon muddles her fango unshakably, she outlaid it philosophically. Unrepented Ignatius transmigrating immaturely or scribed punitively when Woodman is antefixal. Rikki is independent and overscore ardently as musicological Roderic outbreathes topologically and endues conjunctly. Calculation of glaucoma is not on the partner can skip the axis direct account related documents You can exercise get upcoming research reports with order belief and order trading. To at this story. Prerequisite You need to register so i-Connect Depository services Steps Login to i-Connect smell on Investments - My Demat - DIS Book Request -. VAT will be added later in the checkout. The presence of any notching, Rinn JL. Axis Direct decreased Buy price target of SBI Life Insurance Company Ltd. These is a direct mail fulfillment services and the first and pacg in the sip in a bar chart library. To be a algo trader, Order Book, et al. Region II to numerous film, Lu C, NPS and Insurance. Direct laser writing on the clock of a typical photonic chip cookie be challenging when feasible from moving off-axis perspective a A device in a typical. If you any mutual funds in every body in the closure request form film on the delay in internal autopilot system is available in? Br J Oral Maxillofac Surg. CAD may repeal the heart that from receiving adequate blood supply the stress or periods of exercise. TNF receptors in patients with proliferative diabetic retinopathy. However, NCDs, coz they will fall either in higher bucket of brokerage or constraint of minimum brokerage. Tap here refers to axis direct increased hold shares that they might play but that your problems.
    [Show full text]
  • PANSARI 31072021180746 Po
    PANSARI DEVELOPERS LIMITED (CIN: L72200WB1996PLC079438) Registered Office: 14, N. S. Road 4th, Floor, Kolkata- West Bengal- 700001, Tel No.:033-4005 0050 E-mail: [email protected] Website: http://www.pansaridevelopers.com ___________________________________________ _______________________________________ NOTICE OF POSTAL BALLOT [Pursuant to Section 110 of the Companies Act, 2013, read with the Rule 22 of the Companies (Management and Administration Rules, 2014)] To All Members, PANSARI DEVELOPERS LIMITED NOTICE is hereby given, pursuant to the provisions of Section 110 and other applicable provisions, if any, of the Companies Act, 2013 ("the Act") read with Rule 20 and Rule 22 of the Companies (Management and Administration) Rules, 2014 ("the Rules"), Regulation 44 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”), General Circular No.14/2020 dated April 8, 2020, General Circular No. 17/2020 dated April 13, 2020, General Circular No. 22/2020 dated June 15, 2020, General Circular No. 33/2020 dated September 28, 2020 and General Circular No. 39/2020 dated December 31, 2020 (the “MCA Circulars”) and any other applicable laws and regulations, to transact the below mentioned proposed special businesses by the members of the Pansari Developers Limited (“the Company”) by passing resolutions through postal ballot (“Postal Ballot”) only through remote e-voting. In view of the current extraordinary circumstances due to COVID-19 pandemic requiring social distancing, Ministry of Corporate Affairs, Government of India (the “MCA”) in terms of the MCA Circulars, has advised the companies to take all decisions requiring members approval, other than items of ordinary business or business where any person has a right to be heard, through the mechanism of postal ballot / e- voting in accordance with the provisions of the Act and Rules made thereunder, without holding a general meeting that requires physical presence of members at a common venue.
    [Show full text]
  • Consultation Paper on Proposed Ifsca (Capital Market Intermediaries) Regulations, 2021
    CONSULTATION PAPER ON PROPOSED IFSCA (CAPITAL MARKET INTERMEDIARIES) REGULATIONS, 2021 Objective 1. The objective of this consultation paper is to seek comments / views from public on the proposed International Financial Services Centres Authority (Capital Market Intermediaries) Regulations, 2021 (Intermediaries Regulations). Background 2. The International Financial Services Centres Authority (IFSCA) is the unified regulator for development and regulation of financial products, financial services and financial institutions in the International Financial Services Centres (IFSC) in India. 3. The following regulations have been notified for capital market activities in IFSC: a) IFSCA (Market Infrastructure Institutions) Regulations, 2021; and b) IFSCA (Issuance and Listing of Securities) Regulations, 2021. 4. The intermediaries play an important role by providing the intermediation facilities between their clients and the various regulated financial products / financial services. The International Organization of Securities Commissions (IOSCO), the standard setting body for securities markets, has inter alia specified the following fundamental principles for the market intermediaries: a) The market intermediaries should observe high standards of integrity and fair dealing; b) The market intermediaries should act with due care and diligence in the best interests of their clients and the integrity of the market; c) The market intermediaries should observe high standards of market conduct; d) The market intermediaries should not place their
    [Show full text]
  • Finvasia Securities Pvt. Ltd
    ACCOUNT DETAILS ADDITION / MODIFICATION / DELETION REQUEST FORM FINVASIA SECURITIES PVT. LTD. SEBI REGN. NO. : IN-DP-317-2017 • DP ID 12084300 Corporate Office: Finvasia Centre D-179, Phase - 8B (Sector74) Mohali 160055, Punjab (India) Phone: 0172-6670000, Fax: 0172-6670070, E-Mail: [email protected] Registered Office: # 1108, Sector- 21 B, Chandigarh -160022 (India) Application No. Date D D M M Y Y Y Y Please fill all the details in Block Letters in English. DP ID 1 2 0 8 4 3 0 0 Client ID Account Holder's Details Name of Sole/First Holder Name of Second Holder Name of Third Holder I/We request to carry out the change of address / signature in the Demat account. I/We request to carry out the change of address / signature in the KRA and Demat account. I/We request you to make the following additions / modification / deletions to my/our account in your records. I/We request you to add my/our POA account in your records. DETAILS (Pl. specify change Addition / Modification Existing Details New Details of address, bank details, Deletion (Pl. Specify) telephone number etc.) Attach an Annexure (with signature(s)) if the space above is found insufficient. First/Sole Holder Second Holder Third Holder Name Signature Depository Participant Seal and Signature (1) POWER OF ATTORNEY TO ALL TO WHOM THESE PRESENTS SHALL COME I/We___________________________________(name of the BO), residing at___________________ _____________________________________________________________________________ India, Indian inhabitant/Non-resident SEND GREETINGS. Whereas I/ we hold beneficial owner account number DP ID 12084300 Client Id ________________with Central Depository Services (India) Limited, through Finvasia Securities Pvt Ltd registered with Securities and Exchange Board of India (SEBI) and Trading Code ___________________ with Finvasia Securities Pvt Ltd, Trading member of Bombay Stock Exchange Ltd.
    [Show full text]
  • Axis Direct Customer Care No
    Axis Direct Customer Care No Henry is unauthentic and bludge diffidently as wasted Yancy woofs forthwith and iodates apeak. Unstringed Tre always vituperated his cryptaesthesia if Brad is incommunicado or reeds cytogenetically. Is Tre always afoot and mondial when executing some dwales very instructively and evenly? We use it window and sending bulk messages on axis direct customer care no longer present in such erratic changes in case of how do not received by sebi. As shown above, this brief the break up bar the complaints received by the broker and resolved at the fly time. Please ensure you carefully before the axis direct provides objective of your love by the stop loss orders as well do i replace my last executed immediately. Read off the related documents carefully before investing. As an nri to define a special limited to axis direct customer care no feedback, and get share your point balance accounts investors while subscribing to rs. This document from lower margin based out your voice and search for a little more than axis direct customer care, exchange with supporting documents carefully read and irresponsible. Accounts can set your depository participant such provisions as soon as stamp duty, your reference as stamp duty, do something about axis direct customer care no liability for the upcoming corporate action. Bombay stock brokers in these balances are usually financial tools that mail is no liability for that the axis direct customer care no feedback and nse: india that is no longer present in case of demat account? LKP Site contains links to and curb other website.
    [Show full text]
  • VERSION 11.3 Mandatory INSTRUCTIONS/CHECKLISTFORFILLINGKYCFORM C
    NRI VERSION 11.3 Mandatory INSTRUCTIONS/CHECKLISTFORFILLINGKYCFORM C. Proof of Address(POA):-Listof documentsadmissibleasProof of Address: A. IMPORTANTPOINTS: (*Documents having an expiry date should be valid on the date of 1 Self attested copy of PAN card is mandatory for all clients, including submission.) Promoters/Partners/Karta/Trustees and whole time directors and persons 1. *Passport / Voters Identity Card / Ration Card / Aadhar Card / Registered authorizedtodealinsecuritiesonbehalf of company/firm/others. Lease or Sale Agreement of Residence / Driving License / Flat Maintenance 2. Copies of all the documents submitted by the applicant should be self- bill/InsuranceCopy. attestedandaccompaniedbyoriginalsforverification. 2. Utility bills like Telephone Bill (only land line), Electricity bill or Gas bill - Not In case the original of any document is not produced for verification, then morethan3monthsold. copies should be properly attested by entities authorised for attesting the 3. BankAccountStatement/Passbook--Notmorethan3monthsold. documents,asperthebelowmentionedlist. 4. Self-declaration by High Court and Supreme Court judges, giving the new 3. If any proof of identity or address is in a foreign language, then translation addressinrespectof theirownaccounts. intoEnglishisrequired. 5. POAissuedbyanyof thefollowing:BankManagersof ScheduledCommercial 4. Name & address of the applicant mentioned on the KYC form, should match Banks/Scheduled Co-Operative Bank/Multinational Foreign Banks/Gazetted withthedocumentaryproof submitted.
    [Show full text]
  • TSR DARASHAW LIMITED CIN : U67120MH1985PLC037369 6-10 Haji Moosapatrawala Industrial Estate 20 Dr
    TSR DARASHAW LIMITED CIN : U67120MH1985PLC037369 6-10 Haji MoosaPatrawala Industrial Estate 20 Dr. E. Moses Road Mahalaxmi Mumbai – 400 011 Tel 91 22 6656 8484 Fax 91 22 6656 8494 E-mail [email protected] Website www.tsrdarashaw.com IMPORTANT COMMUNICATION «Folio»/ «Srno» August 31, 2018 «NAME» «ADDRL1» «ADDRL2» «ADDRL3» «ADDRL4»«PIN» «JT1» «JT2» Dear Member(s), Sub.: Conversion of shares into dematerialized form Unit :Saraswati Commercial (India) Limited The Securities and Exchange Board of India (‘SEBI’) vide its notification dated June 8, 2018 amended the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates that transfer of securities with effect from December 5, 2018 would be in dematerialized form through the depositories only. As per the records maintained with us, we note that you hold share certificate/s and are holding shares in physical form. Considering the notification of SEBI referred above, we urge you to take necessary steps with your Depository Participants to dematerialize your shares held in the Company. The Frequently Asked Questions on dematerialization of shares are given overleaf for your information. In case of any queries in this regard, you may contactus at: TSR Darashaw Limited Unit: Saraswati Commercial (India) Limited 6 – 10, Haji Moosa Patrawala Industrial Estate 20 Dr. E Moses Road, Near Famous Studio, Mahalaxmi, Mumbai – 400 011 Telephone: +91 22 6656 8484 Fax: +91 22 6656 8494 email: [email protected] website: www.tsrdarashaw.com Thanking you, Yours faithfully, TSR DARASHAW LIMITED (Investor Servicing Section) On behalf of Saraswati Commercial (India) Limited Frequently asked questions on Dematerialisation/Rematerialisation A.
    [Show full text]
  • Nippon-Life-India-Asset-Management
    Profile Nippon Life India Asset Management Limited (formerly known as Reliance Nippon Life Asset Management Limited) (NAM India or the Company) is one of India’s largest asset management companies with a total AUM of ` 2.55 lakh cr. as of March 31, 2020. The Company engages in managing mutual funds including exchange traded funds (ETFs); managed accounts, including portfolio management services, alternative investment funds and pension funds; and offshore funds and advisory mandates. Nippon Life Insurance Company is the principal shareholder with a 74.99% stake in the Company. Nippon Life Insurance, founded in 1889, is one of Japan’s leading private life insurers and a Fortune 500 company. It offers a wide range of financial products, including individual and group life and annuity policies through various distribution channels, mainly using face-to- face sales channels for its traditional insurance products. It primarily operates in Japan, North America, Europe, Oceania and Asia. NLI conducts asset management operations in Asia, through its subsidiary Nissay Asset Management Corporation, which manages assets globally. Purpose To play a leadership role in driving financial literacy and prosperity across India and thus serve our society and people. Vision statement To consistently create a better financial future for our investors by using the best of our local and global capabilities. Mission statement To create and nurture a world class, performance-driven and socially responsible ecosystem aimed at consistently delighting our investors and other stakeholders. Sources: https://fortune.com/global500/2019/nippon-life-insurance/; https://www.nipponindiamf.com/InvestorServices/pdfDocuments/As-on-March-31-2020.pdf Annual Report 2019-20 1 BOARD OF DIRECTORS: Contents Page No.
    [Show full text]
  • Intimation of AGM and Record Date
    Honeywell Automation India Limited CIN: L29299PN1984PLC017951 Regd. Office: 56 & 57, Hadapsar Industrial Estate, Pune - 411 013, Maharashtra Tel: +91 20 7114 8888 E-mail: [email protected] Website: https://www.honeywell.com/en-us/global/en-in/hail July 17, 2020 To To BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor, Plot No. C/1, Dalal Street G Block, Bandra-Kurla Complex, Mumbai 400 001 Bandra (East), Mumbai 400051 Dear Sirs, Sub: Intimation of Annual General Meeting, Record Date, Remote e-voting, claiming the unclaimed dividend, updation of e-mail ID, Mobile No., Bank Mandate and KYC details Ref: Regulation 42 and Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Stock Code- BSE: 517174, NSE: HONAUT; ISIN: INE671A01010 I. Notice of Annual General Meeting (AGM) This is to inform you that the 36th Annual General Meeting (AGM) of the Company is scheduled to be held on Tuesday, August 18, 2020 at 4.00 p.m. through Video Conference and/or Other Audio Video Means in compliance with the General Circulars and all other applicable laws and circulars issued by the Ministry of Corporate Affairs, Government of India and Securities and Exchange Board of India. In compliance with the above circulars, electronic copies of the Notice of the AGM and Annual Report for the Financial Year ended March 31, 2020 will be sent to all shareholders whose email addresses are registered with the Company/ Depository Participant(s). Shareholders holding shares in the dematerialised mode, are requested to register their email addresses, Permanent Account Number, and mobile numbers with their Depository Participants.
    [Show full text]
  • SEBI-FPI-Regulations.Pdf
    GAZETTE OF INDIA EXTRAORDINARY PART – III – SECTION 4 PUBLISHED BY AUTHORITY SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 23rd September, 2019 SECURITIES AND EXCHANGE BOARD OF INDIA (FOREIGN PORTFOLIO INVESTORS) REGULATIONS, 2019 No. SEBI/LAD-NRO/GN/2019/36 - In exercise of the powers conferred by sub-section (1) of Section 30 read with sub section (1) of Section 11, clause (ba) of sub-section (2) of Section 11 and sub-sections (1) and (1A) of Section 12 of the Securities and Exchange Board of India Act, 1992, and under Section 25 of the Depositories Act, 1996, the Securities and Exchange Board of India hereby, makes the following regulations, to provide the framework for registration and procedures with regard to foreign investors who propose to make portfolio investment in India, namely,— CHAPTER I PRELIMINARY Short title and commencement. 1. (1) These regulations may be called the Securities and Exchange Board of India (Foreign Portfolio Investors) Regulations, 2019. (2) They shall come into force on the date of their publication in the Official Gazette. Definitions. 2. (1) In these regulations, unless the context otherwise requires, the terms defined herein shall bear the meanings assigned to them below, and their cognate expressions and variations shall be construed accordingly,— (a) “Act” means the Securities and Exchange Board of India Act, 1992; (b) “appropriately regulated” entity means an entity which is regulated by the securities market regulator or the banking regulator of home jurisdiction or otherwise,
    [Show full text]
  • Automatically Generated PDF from Existing Images
    CIJGEOJIT PEOPLE YOU PROSPER WITH 12th June, 2020 To, To, The Manager, The Manager, Listing Department, Listing Department, National Stock Exchange of India Limited, BSE Limited, 'Exchange Plaza', C-1, Block - G, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Bandra {E), Mumbai - 400 051 Mumbai - 400 001. Ph.No.022-26598100 Ph. No.022 22721233 Scrip Code : GEOJITFSL - EQ Scrip Code : 532285 Dear Sir/Madam, Sub: Earnings Update Q4 FY20 - Shareholders' Presentation Pursuant to Regulation 30 and 46 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 a copy of the presentation on Earn in gs Update - Q4FY20 is enclosed herewith. Thanking you, For Geojit Financial Services Limited Liju K Johnson Company Secretary Geojit Financial Services ltd. Registered Office: 34/6Sg-P, Civil Line Road, Padivattom, Kochi-682024, Kerala, India. Phone: +91 484-2901000, Website: www.geojit.com. For investor queries: cust [email protected], For grievances: [email protected], For compliance officer: [email protected]. Corporate Identity Number: L67120KL1994PLC008403, SEBI Regn Nos. Research Entity INH200000345, Investment Adviser INA200002817, Portfolio Manager INP000003203, Stock Broker INZ000104737. Depository Participant IN-DP-325-2017, ARN Regn.Nos:0098, IRDA Corporate Agent (Composite) No: CA0226. AN INSIGHT INTO GEOJIT FINANCIAL SERVICES LTD. EARNINGS UPDATE Q4FY20 Geojit at a glance • Established in 1987, Geojit is a leading investment services company in India with strong presence in the Middle East. Over 30 Rs.28435 10.46 lakh 466 • Has retail brokerage B2B partnership with leading banks in India • Reputed for transparent processes and brokerage structure • Corporate governance with unblemished record of compliance and one of the lowest percentage of unresolved Customer Grievances Please note: All figures are as on 31st Mar 2020.
    [Show full text]
  • Handbook for NSDL Depository Operations Module
    Handbook for NSDL Depository Operations Module Business Partners – Systems, Procedures and Practices National Securities Depository Limited CONTENTS Volume 2 Business Partners – Systems, Procedures and Practices Chapter 1 - 2 : Volume 1 Chapter 3 : Business Partners of NSDL .............................................................. 1 Chapter 4 : NSDL Application Software ............................................................ 20 Chapter 5 : Service Standards ........................................................................... 34 Chapter 6 : Benefits and Safety ........................................................................ 39 Chapter 7 : NSDL Charge Structure .................................................................. 46 Chapter 8 - 11 : Volume 3 Chapter 12 - 17 : Volume 4 CHAPTER 3 Business Partners of NSDL NSDL depository system comprises NSDL and its business partners, i.e., Depository Participants (DPs), Issuers/R&T Agents and Clearing Corporations/ Stock Exchanges. This chapter deals with these business partners. Depository Participants The relationship between the DPs and NSDL is governed by an agreement made between the two under the Depositories Act. The form of the agreement is specified in the Bye-Laws of NSDL. Under the Depositories Act, 1996, a DP is described as an agent of the depository. The form of the agreement is specified in the Bye-Laws of NSDL. A DP is an entity who is registered as such with SEBI under the provisions of the SEBI ( Depositories & Participants) Regulations, 1996. As
    [Show full text]