Uniform security-specific actions must be applied across exchanges; non-compliant exchanges must block normal settlement trading. All stock exchanges must implement uniformly the security specific surveillance measures decided by the principal exchanges-including transfers between rolling settlement and trade for trade segment, imposition of margins, and suspension of trading-by obtaining information from the principal exchanges' websites and implementing decisions concurrently. If an exchange cannot implement a decision for a particular scrip, it shall not permit that scrip to trade in normal rolling settlement; non principal exchanges must report implementation status in the Monthly Development Report. The circular is issued under Section 11 (1) of the SEBI Act.
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.
Uniform security-specific actions must be applied across exchanges; non-compliant exchanges must block normal settlement trading.
All stock exchanges must implement uniformly the security specific surveillance measures decided by the principal exchanges-including transfers between rolling settlement and trade for trade segment, imposition of margins, and suspension of trading-by obtaining information from the principal exchanges' websites and implementing decisions concurrently. If an exchange cannot implement a decision for a particular scrip, it shall not permit that scrip to trade in normal rolling settlement; non principal exchanges must report implementation status in the Monthly Development Report. The circular is issued under Section 11 (1) of the SEBI Act.
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