TaxTMI Login
🎉 Festive Offer: Flat 15% off on all plans! →⚡ Don’t Miss Out: Limited-Time Offer →
TaxTMI 
Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>SEBI Updates Rules on Investor Protection Fund to Improve Claim Process for Defaulted Members, Effective January 2022.</h1> The Securities and Exchange Board of India (SEBI) has amended its circular regarding the Investor Protection Fund (IPF) and Investor Service Fund (ISF) to align with securities market practices. The amendment modifies the procedure for determining legitimate claims when a member is declared a defaulter. Claims will be reviewed by the Member Core Settlement Guarantee Fund Committee (MCSGFC) and forwarded to the IPF Trust for disbursement. If claims exceed the coverage limit, investors may seek arbitration or legal recourse outside the exchange. The amendment takes effect on January 1, 2022, and stock exchanges must update their regulations and report implementation status to SEBI.
TaxTMI 
