https://www.taxtmi.com/acts?id=39219 Utilization of profits and investments by recognized limited purpose clearing corporations must follow Board-prescribed norms; initial dividend distribution is prohibited with profits to be transferred to the Fund in regulation 37. Corporations must obtain prior Board approval before undertaking activities involving deployment of funds, except for treasury investments made in accordance with the governing board-approved investment policy. en-us Fri, 09 Oct 2020 15:23:25 +0530 Mon, 12 Aug 2024 12:13:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=39219 Utilization of profits and investments by recognized limited purpose clearing corporations must follow Board-prescribed norms; initial dividend distribution is prohibited with profits to be transferred to the Fund in regulation 37. Corporations must obtain prior Board approval before undertaking activities involving deployment of funds, except for treasury investments made in accordance with the governing board-approved investment policy. Act-Rules SEBI Fri, 09 Oct 2020 15:23:25 +0530 https://www.taxtmi.com/acts?id=39219