Regulation 5 - Furnishing of information, clarification and personal representation - Securities And Exchange Board of India (Depositories And Participants) Regulations, 1996

Furnishing of information, clarification and personal representation. 5. (1) The Board may require the sponsor to furnish such further information or clarification regarding matters relevant to the activity of the depository for the purpose of consideration of the application. (2) The sponsor or his authorised representative shall, if so required, appear before the Board for personal representation, in connection with the grant of certificate of registration.