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    <title>Implementation of provision regarding Power of Attorney in circular dated February 25, 2020 – Extension.</title>
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    <description>The circular defers the effective date of the provision that holding of Power of Attorney by Trading Members/Clearing Members shall not be treated as equivalent to collection of margin for client demat securities, from its earlier scheduled date to August 1, 2020, due to COVID 19 operational constraints, aligning the change with implementation of the pledge/re pledge mechanism through the Depository System; exchanges, clearing corporations and depositories must notify members and publish the extension.</description>
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