Overnight fund investments permitted for clearing corporations, treated as liquid assets, with a combined limit on liquid investments. Clearing corporations may invest in Overnight Funds, which will be treated as Liquid Assets for net worth calculation, provided that combined holdings in Liquid Funds and Overnight Funds remain within the existing limit relative to a clearing corporation's investible resources; this amendment supplements prior permissions for specified fixed deposits, central government securities and liquid debt mutual fund schemes and is effective immediately.
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.
Overnight fund investments permitted for clearing corporations, treated as liquid assets, with a combined limit on liquid investments.
Clearing corporations may invest in Overnight Funds, which will be treated as Liquid Assets for net worth calculation, provided that combined holdings in Liquid Funds and Overnight Funds remain within the existing limit relative to a clearing corporation's investible resources; this amendment supplements prior permissions for specified fixed deposits, central government securities and liquid debt mutual fund schemes and is effective immediately.
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