Liability for action in case of default

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..... Depositories Act, the bye-laws, agreements and these regulations; (b) fails to furnish any information relating to its activity as a depository or participant as required under these regulations; (c) does not furnish the information called for by the Board under clause (a) of sub-section (1) of section 18 of the Depositories Act or furnishes information which is false or misleading in any material .....

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