Electronic contract note adoption required for debt market; exchanges must amend rules and notify members. Stock exchanges must adopt a standard model format for electronic contract notes in the debt market by amending bye laws, rules and regulations immediately; notify and disseminate the requirements to member brokers and clearing members; and report implementation status to SEBI in the Monthly Development Report. The circular applies related procedural requirements from prior equity guidance and is issued under SEBI's regulatory powers to protect investor interests and promote market development.
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.
Electronic contract note adoption required for debt market; exchanges must amend rules and notify members.
Stock exchanges must adopt a standard model format for electronic contract notes in the debt market by amending bye laws, rules and regulations immediately; notify and disseminate the requirements to member brokers and clearing members; and report implementation status to SEBI in the Monthly Development Report. The circular applies related procedural requirements from prior equity guidance and is issued under SEBI's regulatory powers to protect investor interests and promote market development.
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