INSTRUCTIONS AND GUIDELINES REGARDING SEARCH OPERATION
SEBI has issued a corrigendum to Instruction No. 01 (2020-21)
The corrigendum pertains to the implementation of the framework for the processing of demat requests
The framework aims to ensure timely and efficient processing of demat requests
The corrigendum clarifies certain aspects of the framework
It specifies that the framework is applicable to all types of demat requests
It also clarifies the role of the depository participant and the issuer in the demat request processing
SEBI has directed depository participants and issuers to comply with the framework and the corrigendum
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