Law · SEBI Act, 1992
Under Section 12(2) of the SEBI Act, 1992, every application for a certificate of registration must be submitted in such manner and accompanied by:
- 1Direct recommendations from the Ministry of Finance
- 2A clearance certificate from a recognized stock exchange only
- 3Such fees as may be determined by regulations✓
- 4No regulatory fees whatsoever
Correct answer
Such fees as may be determined by regulations
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