Corporate guarantee invocation in insolvency petition: enforceability upheld, conditional sanction letter not a novation, limitation not barred after ...
NPCI-based bank account validation for IEC applications and modifications enables real-time validation; incorrect details block submission or trigger ...
Creation/Invocation of pledge of securities through depository system: standardized pledge forms, notice requirement and invocation notifications to p...
Calendar Spread margin benefit for Single Stock Derivatives suspended on expiry day for expiring contracts; exchanges must implement systems and rule ...
Prescribes operational responsibilities for public issues of debt securities and NCRPS, requiring the registrar to validate applications (treating those without valid application amount as invalid), process allotment based on exchange-uploaded bid data, credit securities to valid allottees and ensure refunds/unblocking to the bank account mapped to the demat account; stock exchanges must provide electronic/app-web application platforms (including UPI ASBA up to Rs. 5 lakh) and assume responsibility for investor grievances arising from online applications. Reduces the listing and trading timeline for public issues of debt securities and NCRPS to T+3 working days (optional for one year for issues opening on/after November 1, 2024; mandatory for issues opening on/after November 1, 2025), with specified activity-wise timelines and offer document disclosure. Standardises application form fields/UPI ID length and abridged prospectus format requirements.
Prescribes operational responsibilities for public issues of debt securities and NCRPS, requiring the registrar to validate applications (treating those without valid application amount as invalid), process allotment based on exchange-uploaded bid data, credit securities to valid allottees and ensure refunds/unblocking to the bank account mapped to the demat account; stock exchanges must provide electronic/app-web application platforms (including UPI ASBA up to Rs. 5 lakh) and assume responsibility for investor grievances arising from online applications. Reduces the listing and trading timeline for public issues of debt securities and NCRPS to T+3 working days (optional for one year for issues opening on/after November 1, 2024; mandatory for issues opening on/after November 1, 2025), with specified activity-wise timelines and offer document disclosure. Standardises application form fields/UPI ID length and abridged prospectus format requirements.
Note: It is a system-generated summary and is for quick reference only.