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 .....

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..... decision of the 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 r .....

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