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        SEBI

        Regulation 31 - Contribution to the Settlement Guarantee Fund

        Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018
        Chapter V
        GOVERNANCE OF STOCK EXCHANGES AND CLEARING CORPORATIONS

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        Settlement Guarantee Fund contributions required from exchanges, clearing corporations and members; shortfalls must be replenished to Board-specified thresholds. The recognised stock exchange, the recognised clearing corporation and clearing members must contribute to the Settlement Guarantee Fund as prescribed, with amounts referenced to regulation 37 and the manner of contribution specified by the Board; if the Fund falls short, the recognised clearing corporation and the recognised stock exchange must replenish it to the Board-specified threshold level.
                        Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                          Provisions expressly mentioned in the judgment/order text.

                              Settlement Guarantee Fund contributions required from exchanges, clearing corporations and members; shortfalls must be replenished to Board-specified thresholds.

                              The recognised stock exchange, the recognised clearing corporation and clearing members must contribute to the Settlement Guarantee Fund as prescribed, with amounts referenced to regulation 37 and the manner of contribution specified by the Board; if the Fund falls short, the recognised clearing corporation and the recognised stock exchange must replenish it to the Board-specified threshold level.


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