SCHEDULE - 01 (FORM A) - Application for grant of certificate of registration as depository - Securities And Exchange Board of India (Depositories And Participants) Regulations, 1996

FIRST SCHEDULE FORMS FORM A Securities and Exchange Board of India (Depositories and Participants) Regulations, 1996 [See regulation 3] Application for grant of certificate of registration as depository Securities and Exchange Board of India, Mittal Court, B Wing, 1st Floor Nariman Point, Mumbai 400021 - India INSTRUCTIONS i. This form is meant for use by each person acting as the sponsor of a depository. ii. The applicant should complete this form, and submit it, along with all supporting documents to the Board at its head office at Mumbai. iii. This application form should be filled in accordance with the regulations. iv. Application for grant of certificate of registration as depository, will be considered provided it is complete in all respects. v. All answers must be typed. vi. Information which needs to be supplied in more detail may be given on separate sheets which should be attached to the application form. vii. The application must be signed and all signatures must be original. viii. The application must be accompanied by an application fee as specified in the Second Schedule to these regulations and by the draft bye-laws. ix. Every page of the form and every additional sheet must be initialled by the authorised signatory of the applicant. x. All copies of documents should be attested as true by an authorised notary. Items 1-6 pertain to an applicant acting as sponsor 1. Name, address of the registered office, address for correspondence, telephone number(s), fax number(s), telex number(s) and the name of the contact person of the sponsor. 2. Please indicate the name of the depository which is to be sponsored by the applicant. 3. Please indicate the names of other depositories, if any, which have been sponsored by the applicant, or in which the applicant is acting as participant. 4. Please indicate the category to which the sponsor belongs as per regulation 6. 5. Please provide the following details of each person acting as sponsor : (a) Date of incorporation or establishment, and the statute, if any, under which established (enclose certificate of incorporation, memorandum and articles of association or statutory provisions, if any). (b) Objects of the applicant. (c) Details of the nature of activities carried on by the applicant. (d) Details of affiliates and subsidiaries, and activities carried on by them. (e) Details of registration with the Securities and Exchange Board of India, the Reserve Bank of India or with any foreign regulatory authority of the applicant, its affiliates and its subsidiaries (enclose documents supporting such registration). (f) Net worth of the applicant (enclose a copy of the latest audited financial statements). (g) Percentage and amount of the paid up capital of the proposed depository which the applicant is to hold. 6. Declaration statement (to be given as below) by each person acting as sponsor. We hereby agree and declare that the information supplied in the application, including the attachment sheets, is complete and true. And we further agree that we will notify Securities and Exchange Board of India immediately any change in the information provided in the application. We further agree that we shall comply with, and be bound by the Securities and Exchange Board of India Act, 1992, and Securities and Exchange Board of India (Depositories and Participants) Regulations, 1996, and such other guidelines/instructions which may be announced by the Securities and Exchange Board of India from time to time. We further agree that as a condition of registration, we shall abide by such operational instructions/directives as may be issued by the Securities and Exchange Board of India from time to time. For and on behalf of............................................. Authorised signatory.................. (Name) (Name of the applicant) .......................... (Signature) Date: Place: Items 7-14 pertain to the depository, and should be filled in accordingly 7. Name, address of the registered office, address for correspondence, telephone number(s), fax number(s), telex number(s) and the name of the contact person of the applicant. 8. Date of incorporation of the depository (enclose certificate of incorporation and memorandum and articles of association) (a) Objects (main and ancillary) of the depository. (b) Authorised, issued, subscribed and paid-up capital of the depository. (c) Proposed net worth of the depository. (d) Details of proposed shareholding of each person acting as sponsor. 9. The following details may be given for each director of the depository, and for its principal officer. (a) Name, age, nationality. (b) Details of educational and other qualifications. (c) Details of experience. (d) Details of other directorships held. (e) Details of any litigation connected with the securities market which has an adverse bearing on the business of the depository, involving the director or principal officer, and details of any conviction of the director or principal officer for a crime involving moral turpitude or of any economic offence for which the director or principal officer has been found guilty. 10. Please indicate the details of staff and organisation structure that is proposed to be set- up prior to commencement of business. 11. Details of infrastructure such as premises and automatic data processing, storage and back up systems and procedures, communication systems that are proposed to be set-up prior to commencement of business. 12. Internal evaluation and monitoring systems that are proposed to be set-up prior to the commencement of business. 13. Arrangements for indemnification of beneficial owners that are proposed to be put in place, including details of insurance cover proposed to be taken prior to the commencement of business. 14. Declaration statement (to be given as below). We hereby agree and declare that the information supplied in the application including the attachment sheets, is complete and true. And we further agree that, we will notify Securities and Exchange Board of India immediately any change in the information provided in the application. We further agree that we shall comply with, and be bound by the Securities and Exchange Board of India Act, 1992, and Securities and Exchange Board of India (Depositories and Participants) Regulations, 1996, and such other guidelines/instructions which may be announced by the Securities and Exchange Board of India from time to time. We further agree that as a condition of registration, we shall abide by such operational instructions/directives as may be issued by the Securities and Exchange Board of India from time to time. For and on behalf of........................................................................................ (Name of the applicant) Authorised signatory.................. (Name) (Name of the applicant) .......................... (Signature)