Law · SEBI Act, 1992
Under Section 12 of the SEBI Act, 1992, certificates of registration held by intermediaries immediately before the commencement of the Securities Laws (Amendment) Act, 1995 are treated as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Subject to fresh approval and ratification by Parliament
- 2Deemed to have been obtained under the corresponding regulations✓
- 3Valid for a period of six months only
- 4Cancelled automatically from the date of commencement
Correct answer
Deemed to have been obtained under the corresponding regulations
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