CCPA Fines Chaayos Rs.50,000 for Default Inclusion of Service Charge in Bills || MP HC: Major Unmarried Daughter Need Not Prove Disability to Claim Maintenance if Unable to Earn || Madras HC: Travel Costs Must be Reimbursed to Independent Special Public Prosecutors || MP HC: Timely Coordination Between Police, Banks and Telecom Bodies is Crucial in Cyber Fraud || Kerala HC: Foreign Counsel Cannot Conduct Cross-Examination Before Commissioners || Allahabad HC: Proclaimed Offenders Get Anticipatory Bail Only in Rare and Exceptional Cases || Madras HC: Repeated Intimacy Alone Doesn't Prove Consent; Coercion & Deception Must be Examined || SC: Government Can Revise Royalty under the MMDR Act Despite a Silent Lease Deed || SC: Recovery of a Weapon Alone is Insufficient to Prove Guilt Without Conscious Possession || SC: Section 68 of Evidence Act Does Not Require Attesting Witnesses to Prove Registered Sale Deeds

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

Share :