Securities And Exchange Board Of India - Subsection
Section 8(1) in The Securities and Exchange Board of India (Intermediaries) Regulations, 2008
(1)The Board on being satisfied that the applicant is eligible, shall grant a certificate in the form specified in the relevant regulations and send an intimation to the applicant in this regard.Provided that where a pending proceeding before the Board or any Court or Tribunal may result in the suspension or cancellation of the certificate, the Board may give a conditional registration.
