TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Notifications
of of All Notifications
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>SEBI Amends 2012 Regulations: Finality and Priority of Settlements in Stock Exchanges and Clearing Corporations Redefined.</h1> The Securities and Exchange Board of India (SEBI) issued amendments to the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2012. Effective upon publication, these amendments redefine 'netting' to clarify the determination of net payment or delivery obligations by clearing corporations. New regulations establish that settlements in recognized stock exchanges and clearing corporations are final, irrevocable, and binding, with a priority right for clearing corporations to recover dues from clearing members' collaterals and assets. These changes emphasize the finality and priority of settlements and clearing corporation rights over other claims against clearing members.
TaxTMI 
TaxTMI 
