Section 4 in Securities and Exchange Board of India (Custodian) Regulations, 1996
4. Application to conform to requirements.
- An application under regulation 3 which is not complete in all respects or which does not conform to the instructions specified therein shall be rejected:Provided that, before rejecting any such application, the Board shall give the applicant an opportunity to remove the objection, within such time as may be specified by the Board.
