Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>SEBI Circular Requires LPCCs to Implement Dispute Resolution as per Regulation 22F of SECC Regulations, 2018.</h1> The circular issued by SEBI mandates Limited Purpose Clearing Corporations (LPCC) to establish a dispute resolution mechanism as per Regulation 22F of the SECC Regulations, 2018. It outlines procedures for resolving disputes: between Clearing Members through conciliation or arbitration, between Clearing Members and LPCC, between Clearing Members and their clients, and between LPCC and its vendors. The decision of the arbitration panel is binding, but dissatisfied parties may seek recourse under the Payment and Settlement Systems Act, 2007. LPCCs must amend their regulations accordingly and inform SEBI. The circular is effective immediately.