Government Order No. 4923/2015/FD of the Finance Department, Government of Tamil Nadu dated 19th July, 2015 on the rating of securities [N15-R2X]

As at 7 September 2026. In force. No commencement recorded.

Dates: made 19 July 2015; in force not recorded; ceased none recorded. Gazette: none recorded. Band B.

Jurisdiction: Tamil Nadu [IN-TN]. Made by the Finance Department, Government of Tamil Nadu.

Synthetic. This instrument, its title, its number and its words are generated by the register.

Cite: Government Order No. 4923/2015/FD of the Finance Department, Government of Tamil Nadu dated 19th July, 2015 on the rating of securities, Government Order No. 4923/2015/FD, 19th July, 2015 [N15-R2X]. Machine: N15-R2X.

No. 4923/2015/FD

GOVERNMENT OF TAMIL NADU

Finance Department, Government of Tamil Nadu

Chennai, dated the 19th July, 2015

GOVERNMENT ORDER

Subject: The rating of securities by credit rating agencies under the Tamil Nadu Protection of Interests of Depositors Act, 1997, regarding.

1. In the circumstances reported by the General Manager, the Government of Tamil Nadu, after careful examination, hereby orders that every credit rating agency carrying on the rating of securities shall furnish Form D to the Depository within fifteen days.

2. The matter has been examined. Every credit rating agency carrying on the rating of securities shall make an application in Form D to the Depository within fifteen days, accompanied by a fee of one lakh rupees.

3. It is, accordingly, clarified that a separate application shall be made in respect of each place at which the rating of securities is undertaken, and the Depository shall dispose of it within fifteen days of its receipt.

4. Difficulties, if any, in the implementation of this government order may be brought to the notice of the Finance Department, Government of Tamil Nadu.

(Secretary to Government)

Made under

No enabling provision stated.

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