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        SEBI

        Regulation 36 - Clearing and settlement of trades.

        Securities Contracts (Regulation) (Stock Exchanges And Clearing Corporations) Regulations, 2012
        Chapter VI
        GENERAL OBLIGATIONS

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        Clearing and settlement obligation: recognised stock exchanges must use clearing corporations once the Board specifies commencement. Regulation 36 requires every recognised stock exchange to use the services of recognised clearing corporation(s) for clearing and settlement of its trades, with that obligation taking effect from the date specified by the Board.
                          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.

                                Clearing and settlement obligation: recognised stock exchanges must use clearing corporations once the Board specifies commencement.

                                Regulation 36 requires every recognised stock exchange to use the services of recognised clearing corporation(s) for clearing and settlement of its trades, with that obligation taking effect from the date specified by the Board.


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