Depository participant Compliance

DP in India has various records to maintain and report periodically to main depository of country on designed time frame in order to meet the regulatory compliance to sustain the registration in perpetuity.

Introduction

Depository participant are member under main depository of country. In India, there are two depositories i.e. Central Depository and National Depository. It generally provides its associate as Depository participant. Around 624 and 271 entity are there as Depository Participant for CDSL and NSDL.

Scope of Work

Being Depository participant, it requires to adopt robust system to maintain compliance either its account opening, serving, maintenance or records and reporting of same to main DP and another agency. Suspicious transaction report, compliance/internal audit report, change in compliance officer, address, net worth certificates and annual financial statement is required to submit timely to the main DP.

STEP 1

Connect With Corpseed

Connect with the team corpseed to discuss specific requirements for your business at IVR: 7558640644 or hello@corpseed.com. It takes 20-25 minutes to discuss requirement.

At Corpseed, we are committed to offer our services to the entrepreneurs and businesses as a very cost-effective proposition. We believe that a customer is always right and the focus of any business activity should be to serve the customer with utmost loyalty. All our services come with SLAs (Service Level Agreements) for on-time service delivery and money back guarantee to ensure high level of customer satisfaction.

At Corpseed, our valued customers are always kept in the loop as far as service delivery timeline is concerned and we inform our customers every time a milestone is achieved during each stage of service request processing. But we also believe that we may come across a customer who is not satisfied with our efforts. For that we have a very responsive Customer Care Department which work 24x7 to attend to and solve customer complaints. We also have a money back guarantee for those, who want their service charges to be refunded.

At Corpseed, We believe it is our responsibility to protect our customer information from unauthorized access. We have put systems and processes in place to make sure that the customer information is safe with us during its storage and transfer between in house and third party servers. We continuously test our systems and processes for security breach and vulnerabilities are identified and fixed at a regular basis.

Exception : If in case any "Default, Failure, Delay (hereinafter referred to as "Delay" in delivering the documents which are Clearly mentioned as per the Check List provided by the Corpseed ITES Private Limited) occurred by the Customer then the Consumer/Customer shall be liable to bear the risk in the case of failure occurred in the services provided by the Corpseed ITES Private Limited. Hence, The Customer shall not be liable to claim the refund in the above-mentioned situation.

If a customer is having issues with our service delivery process, he has various alternatives available at his disposal to register his grievance with us. He can either email his complaint at complaints@corpseed.com or he can call our 24x7 Customer Care Helpline. Also, any customer is always welcome to visit our office to lodge a complaint with the senior management.

A customer can buy our services directly from our online platform, for which he needs to make online payment. Once he clicks on "Apply Now", a new window will open, a customer is required to submit the information in the respective fields and click "Make Payment". A unique ticket number will be auto generated, the customer need to quote this number as reference for any enquiry regarding his service request.

All the monetary transactions performed on Corpseed online platform are secured with SSL System Protocol. We encrypt the customer information such as credit card and bank account details, before these are transmitted anywhere. We adhere to PCI DSS for data security standards for payment processing.

Depository Participant Compliance