Law · Depositories Act, 1996
Under Section 26 of the Depositories Act, 1996, a depository can make bye-laws with the prior approval of the Board. Which of the following matters is specifically covered under this power to make bye-laws?
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- 1The terms and conditions under which the Central Government may issue directions to SEBI
- 2The administrative structure and selection process of SEBI board members
- 3The procedure for appealing to the Supreme Court of India against SAT orders
- 4The conditions under which the admission of securities shall be made, and the safeguards to protect the interests of participants and beneficial owners✓
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The conditions under which the admission of securities shall be made, and the safeguards to protect the interests of participants and beneficial owners
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