Relaxation in timelines for regulatory compliance provides extended filing and operational relief for market participants during pandemic disruptions. The circular extends compliance timelines for trading members, clearing members and depository participants by amending earlier SEBI circulars: specified monthly and quarterly obligations and listed items are extended largely until June 30, 2020; the period of exclusion for another set of provisions is March 23, 2020 to June 30, 2020; and certain items receive a two month extension from their due date. All other conditions of the earlier circulars continue; market infrastructure entities must notify members and publish the circular.
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.
Relaxation in timelines for regulatory compliance provides extended filing and operational relief for market participants during pandemic disruptions.
The circular extends compliance timelines for trading members, clearing members and depository participants by amending earlier SEBI circulars: specified monthly and quarterly obligations and listed items are extended largely until June 30, 2020; the period of exclusion for another set of provisions is March 23, 2020 to June 30, 2020; and certain items receive a two month extension from their due date. All other conditions of the earlier circulars continue; market infrastructure entities must notify members and publish the circular.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
