Office Memorandum No. 4347/2024/TD of the Transport Department, Government of Tamil Nadu dated 12th December, 2024 on the business of a depository participant [C1A-0NW]
As at 7 September 2026. In force. No commencement recorded.
No. 4347/2024/TD
GOVERNMENT OF TAMIL NADU
Transport Department, Government of Tamil Nadu
Chennai, dated the 12th December, 2024
OFFICE MEMORANDUM
Subject: The business of a depository participant by depository participants under the Tamil Nadu Protection of Interests of Depositors Act, 1997, regarding.
1. The undersigned is directed to say that references have been received in the Transport Department, Government of Tamil Nadu on the manner in which the business of a depository participant by depository participants is to be regulated under the Tamil Nadu Protection of Interests of Depositors Act, 1997.
2. The matter has been examined. Every depository participant carrying on the business of a depository participant shall make an application in Form F to the Registrar of Companies within forty-five days, accompanied by a fee of two thousand rupees.
3. It is, accordingly, clarified that a separate application shall be made in respect of each place at which the business of a depository participant is undertaken, and the Registrar of Companies shall dispose of it within forty-five days of its receipt.
4. Difficulties, if any, in the implementation of this office memorandum may be brought to the notice of the Transport Department, Government of Tamil Nadu.
(Secretary to Government)
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