https://www.taxtmi.com/circulars?id=64212 SEBI permits Trading Members and Clearing Members to avoid penalty for short collection of margin if they collect a minimum upfront margin in lieu of VaR and ELM, while the Clearing Corporation will continue to collect risk based margins from members; the penalty provision for short collection in the cash segment is deferred to a specified future implementation date and the earlier circular is modified only to the extent indicated. en-us Fri, 31 Jul 2020 00:00:00 +0530 Fri, 31 Jul 2020 16:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=64212 SEBI permits Trading Members and Clearing Members to avoid penalty for short collection of margin if they collect a minimum upfront margin in lieu of VaR and ELM, while the Clearing Corporation will continue to collect risk based margins from members; the penalty provision for short collection in the cash segment is deferred to a specified future implementation date and the earlier circular is modified only to the extent indicated. Circulars SEBI Fri, 31 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/circulars?id=64212