Delhi HC: Writ Petition Not Maintainable Against Provisional Attachment When PMLA Remedy Exists || Rajasthan HC: Magistrate Can’t Order Secured Creditor to Pay Police Expenses For Asset Possession || Orissa HC: Court Can’t Permit Intervenors Without Reason or Compel Plaintiff to Join Unrelated Party || Delhi HC: Section 498A IPC Applies Even if Marriage is Later Declared Invalid || AP HC: State Can’t Cite Financial Constraints to Withhold Gratuity, Denying Retirees Violates Art 21 || Madras HC: Marriage Does Not Grant Men Absolute Authority, Woman’s Endurance is Not Consent || Delhi HC: Ordinary Marital Friction or Taunts Do Not Constitute Cruelty under Law || Punjab & Haryana HC: Family Property Disputes Cannot Be Resolved under Maintenance of Parents Act || Delhi HC: Bribe Profits Invested in Shares Are Proceeds of Crime and Attachable under PMLA || Delhi HC: 'No Coercive Steps' Does Not Mean Stay or Suspension of Investigation

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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