Transfer of excess contribution made by Stock Exchanges from Core SGF of one Clearing Corporation to the Core SGF of another Clearing Corporation

Transfer of excess contribution made by Stock Exchanges from Core SGF of one Clearing Corporation to the Core SGF of another Clearing Corporation https://www.taxtmi.com/circulars?id=64635 Transfers of a Stock Exchange's excess contribution are permitted from the Core SGF of one Clearing Corporation to the Core SGF of another in an interoperable scenario. Transfers must be initiated on request of the Exchange, effected directly by the Clearing Corporation receiving the request to the destination Core SGF, with intimation to the Exchange, and must preserve compliance with the Minimum Required Corpus of Core SGF prescribed by the regulator. en-us Fri, 08 Jan 2021 00:00:00 +0530 Sat, 09 Jan 2021 13:17:00 +0530 TaxTMI RSS Generator Transfer of excess contribution made by Stock Exchanges from Core SGF of one Clearing Corporation to the Core SGF of another Clearing Corporation https://www.taxtmi.com/circulars?id=64635 Transfers of a Stock Exchange's excess contribution are permitted from the Core SGF of one Clearing Corporation to the Core SGF of another in an interoperable scenario. Transfers must be initiated on request of the Exchange, effected directly by the Clearing Corporation receiving the request to the destination Core SGF, with intimation to the Exchange, and must preserve compliance with the Minimum Required Corpus of Core SGF prescribed by the regulator. Circulars SEBI Fri, 08 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/circulars?id=64635