Master Circular requirement for market infrastructure institutions to consolidate guidelines and preserve prior legal effects. Market Infrastructure Institutions must annually consolidate subject wise guidelines into Master Circulars, include only relevant guidelines, list and rescind incorporated circulars with archiving, and include a savings clause preserving prior actions, rights, obligations, penalties, investigations and proceedings under rescinded guidelines.
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Provisions expressly mentioned in the judgment/order text.
Master Circular requirement for market infrastructure institutions to consolidate guidelines and preserve prior legal effects.
Market Infrastructure Institutions must annually consolidate subject wise guidelines into Master Circulars, include only relevant guidelines, list and rescind incorporated circulars with archiving, and include a savings clause preserving prior actions, rights, obligations, penalties, investigations and proceedings under rescinded guidelines.
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