Financial security deposit coordination allows WDRA-held deposits to count toward clearing corporation FSD and supports claim settlement. Framework requires Clearing Corporations and WDRA to share accredited warehouse and security deposit details, allows deposits placed by WSPs with WDRA for exchange-specific e-NWRs to be counted towards a WSP's available FSD if they comply with SEBI norms, and sets procedures for compensation where Clearing Corporation-held FSD is insufficient, including WDRA release of remaining security deposit within seven days after request, limited to e-NWR-covered stocks in accredited warehouses.
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Provisions expressly mentioned in the judgment/order text.
Financial security deposit coordination allows WDRA-held deposits to count toward clearing corporation FSD and supports claim settlement.
Framework requires Clearing Corporations and WDRA to share accredited warehouse and security deposit details, allows deposits placed by WSPs with WDRA for exchange-specific e-NWRs to be counted towards a WSP's available FSD if they comply with SEBI norms, and sets procedures for compensation where Clearing Corporation-held FSD is insufficient, including WDRA release of remaining security deposit within seven days after request, limited to e-NWR-covered stocks in accredited warehouses.
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