Del. HC: Denying Seat to Candidate Due to Administrative Fault Would be Unjust || All. HC: Not Mandatory for Passport Authority to Impound Passport of Accused Persons || Raj. HC: In Absence of Statutory Rules, Denying Appt. on Basis of Minimum Height is Discriminatory || MP HC: Party Required to Lay Factual Foundation for Getting Benefit of Section 65 of Evidence Act || Ker. HC: Settlement of Cases Including Offence of Rape & POCSO Act Offences is Not Permissible || Gujarat High Court: Wife Allowed to Become Guardian & Manager of Husband in Coma || SC: Partition of Property Can’t be Done by Metes & Bounds in Chandigarh || SC Approves Requirement for Judicial Officers to be Converse With Local Language || Kerala High Court: Denial of Ordinary Leave Reduces Convict’s Chances of Rehabilitation || Delhi HC Issues Circular Regarding Pass-Overs or Adjournments in Bail, Parole Matters

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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