Alternative statutory remedy and unexplained delay barred writ review of customs confiscation adjudication, leaving merits for appellate consideration...
Authorised courier due diligence protects against penalties where declared exports conceal prohibited goods despite proper documentation and customs p...
Customs-controlled container movement now extends to DP World facilities, subject to segregation, inspections, reconciliation, and EXIM cargo priority...
The circular revises the eligibility criteria for entry and exit of stocks in the derivatives segment. Key changes include increasing the minimum Median Quarter Sigma Order Size, market-wide position limit, and average daily delivery value requirements for entry. Exit norms are based on failure to meet these criteria for three consecutive months. A Product Success Framework with criteria like minimum trading members, turnover, and open interest is introduced for exit. The circular aims to ensure sufficient depth and quality of stocks in the derivatives segment while mitigating risks of manipulation and volatility. Provisions for implementation by stock exchanges and the legal basis are also outlined.
The circular revises the eligibility criteria for entry and exit of stocks in the derivatives segment. Key changes include increasing the minimum Median Quarter Sigma Order Size, market-wide position limit, and average daily delivery value requirements for entry. Exit norms are based on failure to meet these criteria for three consecutive months. A Product Success Framework with criteria like minimum trading members, turnover, and open interest is introduced for exit. The circular aims to ensure sufficient depth and quality of stocks in the derivatives segment while mitigating risks of manipulation and volatility. Provisions for implementation by stock exchanges and the legal basis are also outlined.
Note: It is a system-generated summary and is for quick reference only.