https://www.taxtmi.com/circulars?id=57979 When a member is declared a defaulter, the declaring Exchange/Clearing Corporation must immediately declare it a defaulter in all its segments and inform other Exchanges/Clearing Corporations of the member's identifying details; on receipt, those other Exchanges/Clearing Corporations must immediately declare the member a defaulter across their segments. Exchanges/Clearing Corporations must take appropriate action against associates of the defaulter, where associate covers control relationships, substantial shareholding, and overlapping directors or partners, with "control" as defined under takeover regulations. en-us Tue, 27 Sep 2016 00:00:00 +0530 Tue, 04 Dec 2018 14:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=57979 When a member is declared a defaulter, the declaring Exchange/Clearing Corporation must immediately declare it a defaulter in all its segments and inform other Exchanges/Clearing Corporations of the member's identifying details; on receipt, those other Exchanges/Clearing Corporations must immediately declare the member a defaulter across their segments. Exchanges/Clearing Corporations must take appropriate action against associates of the defaulter, where associate covers control relationships, substantial shareholding, and overlapping directors or partners, with "control" as defined under takeover regulations. Circulars SEBI Tue, 27 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=57979