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        Case ID :
        SEBI

        Time period for utilization of the debt limits

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        Time period for debt limit utilization reduced to 11 working days; custodians must notify their clients promptly. The period for utilization of an allocated debt limit is amended to 11 working days from the date of allocation, where 'working days' means working days of SEBI; custodians must notify their clients. This amendment supersedes the earlier 15 day timeframe to the extent stated and the circular is available on the regulator's website.
                          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.

                                Time period for debt limit utilization reduced to 11 working days; custodians must notify their clients promptly.

                                The period for utilization of an allocated debt limit is amended to 11 working days from the date of allocation, where "working days" means working days of SEBI; custodians must notify their clients. This amendment supersedes the earlier 15 day timeframe to the extent stated and the circular is available on the regulator's website.


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