Securities And Exchange Board Of India - Subsection
Section 10(1) in Securities and Exchange Board of India (Portfolio Managers) Regulations, 1993
(1)Where an application for grant of a certificate under regulation 3 [***] [Omitted 'or of renewal under regulation 9' by the Securities and Exchange Board of India (Change In Conditions Of Registration of Certain Intermediaries) (Amendment) Regulations, 2016 w.e.f. 08- 12-2016.] does not satisfy the requirements set out in regulation 6, the Board may reject the application, after giving an opportunity of being heard.
