Orderly winding down frameworks required for clearing corporations to ensure transfer or settlement of positions and collateral. Every clearing corporation must devise and maintain a framework for orderly winding down of its critical operations and services covering voluntary and involuntary scenarios, providing for timely and orderly settlement, cessation or transfer of positions, transfer of members' collateral, deposits, margins or other assets to another recognized clearing corporation that would take over operations, and other related matters, in accordance with guidelines specified by the Board.