Minimum duration of staggered delivery revised to at least three working days, altering scheduling for commodity futures contracts. SEBI amends paragraph 11.1.3 of the Master Circular for Commodity Derivatives Segment to provide that the minimum duration of staggered delivery period shall be at least three working days. The change applies to contracts with staggered delivery scheduled after July 01, 2024. Recognised stock exchanges and clearing corporations must notify members and publish the amendment on their websites. The circular is issued under Section 11(1) of the Securities and Exchange Board of India Act, 1992 and operates within the Delivery and Settlement provisions of the Master Circular, with other conditions unchanged.
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Minimum duration of staggered delivery revised to at least three working days, altering scheduling for commodity futures contracts.
SEBI amends paragraph 11.1.3 of the Master Circular for Commodity Derivatives Segment to provide that the minimum duration of staggered delivery period shall be at least three working days. The change applies to contracts with staggered delivery scheduled after July 01, 2024. Recognised stock exchanges and clearing corporations must notify members and publish the amendment on their websites. The circular is issued under Section 11(1) of the Securities and Exchange Board of India Act, 1992 and operates within the Delivery and Settlement provisions of the Master Circular, with other conditions unchanged.
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