Procedure where certificate of commencement of business is not granted.

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..... icipants) Regulations, 1996 - Act-Rules - Procedure where certificate of commencement of business is not granted. 15. (1) If the Board, after considering the matters specified in sub-regulation (1) o .....

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..... he Board to reject the application shall be communicated to the depository in writing within thirty days of such decision, stating therein the grounds on which the application has been rejected. - - .....

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