Provisional attachment under Prevention of Money Laundering Act requires exhaustion of statutory remedies; impugned order set aside, appeal to tribuna...
Restoration of property under Prevention of Money Laundering Act after attachment dispute rendered academic; possession directed to successful resolut...
Goods Transport Agency services via e commerce portals: consignment note creates custody and liability and enables exemption for unregistered recipien...
Reverse charge and assignment of royalty collection: exemption for excess royalty collectors subject to reconciliation; leaseholders remain liable und...
SEBI has prescribed standard application forms and a certificate of registration for stock brokers and clearing members (Annexure); the forms set required applicant particulars, undertakings including compliance with Fit and Proper Person criteria and documentary proofs, and a model certificate of registration. The circular makes these forms effective retrospectively from January 07, 2026, and directs recognized stock exchanges and clearing corporations to disseminate the forms to members/participants and amend relevant bye laws, rules and regulations to implement the requirements. The circular is issued under statutory regulatory powers to protect investors and regulate securities markets.
SEBI has prescribed standard application forms and a certificate of registration for stock brokers and clearing members (Annexure); the forms set required applicant particulars, undertakings including compliance with Fit and Proper Person criteria and documentary proofs, and a model certificate of registration. The circular makes these forms effective retrospectively from January 07, 2026, and directs recognized stock exchanges and clearing corporations to disseminate the forms to members/participants and amend relevant bye laws, rules and regulations to implement the requirements. The circular is issued under statutory regulatory powers to protect investors and regulate securities markets.
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