https://www.taxtmi.com/circulars?id=64223 Amendment prescribes eligibility and shareholding limits for clearing corporations in IFSCs: recognized exchanges or clearing corporations must form a subsidiary for IFSC clearing services with majority ownership by the parent; remaining share capital may be held by others subject to limits and specified institutional categories are permitted higher collective holdings; compliance with relevant Securities Contracts (Regulation) Regulations provisions is required. en-us Fri, 07 Aug 2020 00:00:00 +0530 Fri, 07 Aug 2020 17:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=64223 Amendment prescribes eligibility and shareholding limits for clearing corporations in IFSCs: recognized exchanges or clearing corporations must form a subsidiary for IFSC clearing services with majority ownership by the parent; remaining share capital may be held by others subject to limits and specified institutional categories are permitted higher collective holdings; compliance with relevant Securities Contracts (Regulation) Regulations provisions is required. Circulars SEBI Fri, 07 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/circulars?id=64223