Withdrawal of securities lending restriction restores full operation of the scheme after transition to rolling settlement. The circular withdraws prior restrictions on the Securities Lending Scheme, 1997 that had confined applicability to ALBM and BLESS transactions and required return of securities borrowed otherwise; the withdrawal is effective with the commencement of rolling settlement and follows the discontinuation of deferral products, thereby restoring broader applicability of the Scheme.
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.
Withdrawal of securities lending restriction restores full operation of the scheme after transition to rolling settlement.
The circular withdraws prior restrictions on the Securities Lending Scheme, 1997 that had confined applicability to ALBM and BLESS transactions and required return of securities borrowed otherwise; the withdrawal is effective with the commencement of rolling settlement and follows the discontinuation of deferral products, thereby restoring broader applicability of the Scheme.
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