Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>SEBI Updates Margin Trading Facility Rules: Only Group I Shares Eligible, New Margin, and Compliance Requirements for Brokers.</h1> The circular issued by SEBI outlines a revised framework for the Margin Trading Facility. It specifies that only Group I equity shares are eligible for margin trading. Initial margin requirements vary based on the category of stocks, with specific conditions for collateral and funded stocks. Stock brokers must maintain separate records and ensure compliance with margin requirements, with daily marking to market. Only corporate brokers with a net worth of at least Rs. 3 crore can offer this facility, using their own or borrowed funds from regulated banks or NBFCs. Brokers must disclose exposure details to stock exchanges and adhere to specified leverage limits. The circular also mandates the creation of a Rights and Obligations document for brokers and clients, and requires half-yearly audits of brokers' accounts related to margin trading.
TaxTMI 
TaxTMI 
