Arrest safeguards and transit remand requirements invalidated detention following inter-State transfer without communicated grounds or magistrate auth...
Arrest safeguards require disclosed grounds, relative intimation and transit remand, while duplicate prosecution under the CGST framework is unsustain...
Document Identification Number defects can invalidate GST assessments, with delayed challenges entertained conditionally where patent irregularities e...
Windmill commissioning evidence supported higher depreciation where grid connection and electricity generation proved operational use before the relev...
This circular outlines SEBI's revised stress testing framework for determining the Minimum Required Corpus (MRC) of the Core Settlement Guarantee Fund (Core SGF) in the equity derivatives segment. Key aspects include introducing new stress testing methodologies like Stressed VaR, Filtered Historic Simulation, and Factor Model, in addition to existing hypothetical and historical scenarios. Clearing Corporations (CCs) are categorized into two groups based on market share for applying cover-n standards. Provisions allow one-time inter-segment transfer of funds from equity cash to derivatives segment and staggered contributions to meet additional MRC requirements. CCs must formulate joint Standard Operating Procedures and implement necessary systems for compliance within stipulated timelines.
This circular outlines SEBI's revised stress testing framework for determining the Minimum Required Corpus (MRC) of the Core Settlement Guarantee Fund (Core SGF) in the equity derivatives segment. Key aspects include introducing new stress testing methodologies like Stressed VaR, Filtered Historic Simulation, and Factor Model, in addition to existing hypothetical and historical scenarios. Clearing Corporations (CCs) are categorized into two groups based on market share for applying cover-n standards. Provisions allow one-time inter-segment transfer of funds from equity cash to derivatives segment and staggered contributions to meet additional MRC requirements. CCs must formulate joint Standard Operating Procedures and implement necessary systems for compliance within stipulated timelines.
Note: It is a system-generated summary and is for quick reference only.