Del. HC: Liquidated Damages Mentioned in Agreement Can’t be Awarded in Absence of Proof of Loss || MP HC: S.375 Marital Sex Exemption Also Provides Exemption Under Section 377 of IPC || SC: SARFAESI Doesn’t Give Any License to Bank Officers to Act Against the Scheme of Law || All. HC: Court Can’t Mechanically Reject Application for Waiving Off Cooling Period u/s 13B of HMA || Kar. HC: Acquittal Order Can’t be Put in Challenge by Stranger to the Case || Kar. HC: Alternate Remedy Can’t be Used as China Wall Against Invocation of Writ Jurisdiction || Bom. HC Upholds Constitutional Validity of Goa’s Green Cess Act || Del. HC: Not Court’s Business to Demonstrate Morality of an Act unless it has Caused Harm || Del. HC: Cost Accountants and Chartered Accountants Not Similarly Placed Under Law || SC: No Party Ought to be Vexed Twice in a Litigation for One and the Same Cause

Review of Annual Custody / Issuer Charges- (Securities and Exchange Board of India) (09 Dec 2015)

MANU/SDEP/0010/2015

Capital Market

The Securities and Exchange Board of India has enhanced custody/issuer charged to be collected by depositories from issuers. Per folio charge has been increased from Rs. 8 lakhs to Rs. 11 lakhs. Among other reimbursements, Depository Participants will pay an incentive of Rs. 100 for new Basic Services Demat Accounts in cities other than the ‘top 15 cities’.

Relevant : Review of Dematerialisation Charges MANU/SSMD/0010/2005 Review of Annual Issuers charges MANU/SSMD/0010/2011

Tags : SEBI CUSTODY ISSUER CHARGES INCREASE

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