Margin for derivative contracts: Reserve Bank permission required before posting, collecting or paying interest on margins. Regulation restricts posting, collection and interest payment on margin for derivative contracts absent Reserve Bank permission, defines margin and permitted derivative contracts, and permits authorised dealers, subject to Reserve Bank directions, to post and collect margin and pay or receive interest on margin in India and abroad on their own account or for customers for permitted derivatives with non resident counterparties.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Margin for derivative contracts: Reserve Bank permission required before posting, collecting or paying interest on margins.
Regulation restricts posting, collection and interest payment on margin for derivative contracts absent Reserve Bank permission, defines margin and permitted derivative contracts, and permits authorised dealers, subject to Reserve Bank directions, to post and collect margin and pay or receive interest on margin in India and abroad on their own account or for customers for permitted derivatives with non resident counterparties.
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