Bye-law 16, Securities and Exchange Board of India (Registration of The business of a stock broker) Bye-laws, 2013 [S98-6ZZ]
As at 7 September 2026. In force from 18 March 2013.
Surrender of certificate.—Every stock broker who ceases to carry on the business of a stock broker shall, within forty-five days of such cessation, surrender the certificate of registration to the Recognised Stock Exchange in person or by registered post, and shall inform it in Form A of the manner in which every demat account held by him has been disposed of.
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