Penalty for delay in dematerialisation or issue of certificate of securities

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..... of India Act, 1992 (15 of 1992) , fails to dematerialise or issue the certificate of securities on opting out of a depository by the investors, within the time specified under this Act or regulations or bye-laws made thereunder or abets in delaying the process of dematerialisation or issue the certificate of securities on opting out of a depository of securities, such issuer or its agent or interm .....

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