https://www.taxtmi.com/circulars?id=11087 SEBI mandates uniform good/bad delivery norms, requiring stock exchanges to adopt Annexure A, establish Bad Delivery Cells, and ensure insurance cover. The first introducing broker must rectify defects within prescribed timelines or face exchange auction or close out with debits for consequential amounts. Inter exchange cases require seven day forwarding between BDCs and subsequent rectification or auction/close out. Custodians must follow the norms and participate in clearing house settlement. The circular prescribes implementation dates, transitional rules for pending objections, and a specified validity period for company objections measured from buyer payment, with Annexure A detailing numerous transfer deed and certificate examples. en-us Tue, 16 Jul 1996 00:00:00 +0530 Mon, 20 Jun 2011 17:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11087 SEBI mandates uniform good/bad delivery norms, requiring stock exchanges to adopt Annexure A, establish Bad Delivery Cells, and ensure insurance cover. The first introducing broker must rectify defects within prescribed timelines or face exchange auction or close out with debits for consequential amounts. Inter exchange cases require seven day forwarding between BDCs and subsequent rectification or auction/close out. Custodians must follow the norms and participate in clearing house settlement. The circular prescribes implementation dates, transitional rules for pending objections, and a specified validity period for company objections measured from buyer payment, with Annexure A detailing numerous transfer deed and certificate examples. Circulars Companies Law Tue, 16 Jul 1996 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11087