https://www.taxtmi.com/acts?id=36663 Clearing corporations must adopt bye-laws covering pay-in/pay-out timings, clearing and settlement rules, a risk management mechanism, netting, novation and guarantee processes, Fund contribution and utilisation norms, member rights and obligations, admission criteria, default handling and committees. Amendments to memorandum, articles, rules or bye-laws require governing board approval, shareholder approval where applicable, submission to the Board, and, where relevant, Gazette and State publication; proposals must include board minutes, shareholder resolutions and public criticism, except where amendments follow Board regulations or circulars. en-us Wed, 05 Jun 2019 12:18:50 +0530 Tue, 17 Sep 2024 13:16:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=36663 Clearing corporations must adopt bye-laws covering pay-in/pay-out timings, clearing and settlement rules, a risk management mechanism, netting, novation and guarantee processes, Fund contribution and utilisation norms, member rights and obligations, admission criteria, default handling and committees. Amendments to memorandum, articles, rules or bye-laws require governing board approval, shareholder approval where applicable, submission to the Board, and, where relevant, Gazette and State publication; proposals must include board minutes, shareholder resolutions and public criticism, except where amendments follow Board regulations or circulars. Act-Rules SEBI Wed, 05 Jun 2019 12:18:50 +0530 https://www.taxtmi.com/acts?id=36663