Question
According to regulation 29 (3) of Securities and
Exchange Board of India (Depositories and Participants) Regulations, 2018, which functions are given higher priority by the depository?Solution
As per Reg 29- (3) The functions under the verticals as provided at clause (a) and (b) of sub-regulation1 shall be given higher priority by the depository over the functions under the vertical as provided at clause (c)of sub-regulation (1).
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