How is a lien released?

The lien restriction is released upon receiving a decision to that effect from the competent authorities. The SDC undertakes the task of releasing lien upon deposited securities. As for non-deposited securities, the SDC sends circulars to all the issuers to take the necessary measures (issuers will remain responsible for releasing lien restrictions upon non-deposited securities on their own responsibility).

FAQS Taxonomy
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