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<h1>SEBI Circular Mandates Six-Month Liquidation of Defaulters' Assets to Safeguard Investors and Regulate Securities Market.</h1> The circular issued by SEBI addresses the recovery of assets from defaulter members and debit balance clients to meet obligations to clients, stock exchanges, and clearing corporations. It references previous circulars detailing early warning mechanisms and standard operating procedures for handling defaults by trading or clearing members. Stock exchanges and clearing corporations are instructed to liquidate the assets of defaulters, including those of debit balance clients, within six months of declaring a default. They must also update their regulations accordingly and report implementation status to SEBI. The circular aims to protect investors and regulate the securities market.