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Section 30

Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 Last amended on June 04, 2019Central Regulations · 1992

(1) The depository shall constitute the committees as per sub-regulation (2) and subregulation (3).

(2) Functional committee, comprising of:

(a) Member 1[*] committee;

(b) 2[*] grievance redressal committee; and

(c) Nomination and remuneration committee.

(3) Oversight committees, comprising of:

(a) Standing committee on technology;

(b) Advisory committee;

(c) Regulatory oversight committee; and

(d) Risk management committee.

1 Omitted by the Securities and Exchange Board of India (Depositories and Participants) (Amendment) Regulations, 2019 w.e.f. 04-06-2019. Prior to its omission, it read as “selection”.

2 Omitted by the Securities and Exchange Board of India (Depositories and Participants) (Amendment) Regulations, 2019 w.e.f. 04-06-2019. Prior to its omission, it read as “Investor”.

17

(4) The composition, quorum and functions of the committees under sub-regulation (2) and sub-regulation (3) shall be in the manner as specified by the Board from time to time.

Disclosure and corporate governance norms

Where this provision sits

ActSecurities and Exchange Board of India (Depositories and Participants) Regulations, 2018 Last amended on June 04, 2019
Section30
JurisdictionCentral
StatusIn force as published by the source

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