Question
According to the Securities and Exchange Board of India
(Depositories and Participants) Regulations a public interest director on the board of a depository _____________Solution
Regulation 25 Conditions of appointment of directors: (4) A public interest director on the board of a depository shall not act simultaneously as director on the board of its subsidiary or on the board of any other depository or recognized stock exchange or recognized clearing corporation or on the board of subsidiary of such other depository or recognized stock exchange or recognized clearing corporation.
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