SEBI vide circular dated May 29, 2024 has issued an Investor Charter for Depositories and Depository Participants. In view of the recent developments in the securities market including introduction of Online Dispute Resolution (ODR) platform and SCORES 2.0, it is felt necessary to modify the Investor Charter for Depositories and DPs, inter-alia, detailing the services provided to Investors, Rights of Investors, various activities of Depository through DPs with timelines, Dos and DON’T’s for Investors, Responsibilities of Investors, Code of Conduct for Depositories and DPs and Grievance Redressal Mechanism.
NMC Sets 2 PM Deadline for Fee Payments on Closing Dates to Avoid Gateway Overloads
The NMC has observed a recurring problem of payment gateway overloads due to a high volume of transactions on application closing dates. To address