Regulation 55 - Reconciliation - Securities And Exchange Board of India (Depositories And Participants) Regulations, 1996

Reconciliation. 55. The issuer or its agent shall reconcile the records of dematerialised securities with all the securities issued by the issuer, on a daily basis: 1 [Provided that where the State or the Central Government is the issuer of Government securities, the depository shall, on a daily basis, reconcile the records of the dematerialised securities.] ********* 1 Inserted by the SEBI (Depositories and Participants) (Second Amendment) Regulations, 1998, w.e.f. 21-1-1998.