TMI BlogCorrigendum to Master Circular for Depositories dated October 25, 2019 on preservation of recordsX X X X Extracts X X X X X X X X Extracts X X X X ..... circular MRD/DoP/DEP/Cir- 20/2009 dated December 9, 2009 on preservation of records wherein it is inter-alia mentioned that Depositories and Depository Participants are required to preserve the records and documents for a minimum period of five years in terms of regulations 38 and 49 of the SEBI (Depositories and Participants) Regulations, 1996. 2. Further, in terms of Regulations 54 and 66 of th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... and Participants) Regulations, 2018". 5. It may be noted that the other provisions of the Master Circular for Depositories SEBI/HO/MRD/DP/CIR/P/118 dated October 25, 2019 shall remain unchanged. 6. Paragraph 2 of SEBI circular MRD/DoP/DEP/Cir- 20/2009 dated December 9, 2009 stands partially modified as under: "In terms of Regulations 54 and 66 of the SEBI (Depositories and Participants) Regula ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . 9. This circular is being issued in exercise of powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992 and Section 19 of the Depositories Act, 1996, to protect the interests of investors in securities market and to promote the development of and to regulate the securities market. Yours faithfully Versha Agarwal Deputy General Manager Market Regulati ..... X X X X Extracts X X X X X X X X Extracts X X X X
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