Regulation 16A - Dispute Resolution - Securities and Exchange Board of India (Vault Managers) Regulations, 2021

1 [ Dispute Resolution. 16A. All claims, differences or disputes between a vault manager and a beneficial owner arising out of or in relation to the activities of the vault manager in the securities market shall be submitted to a dispute resolution mechanism that includes mediation and/or conciliation and/or arbitration, in accordance with the procedure specified by the Board. ] *************** NOTES:- 1. Inserted vide Notification No. SEBI/LAD NRO/GN/2023/137 dated 03-07-2023