<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Execution of ‘Demat Debit and Pledge Instruction’ (DDPI) for transfer of securities towards deliveries / settlement obligations and pledging / re-pledging of securities</title>
    <link>https://www.taxtmi.com/circulars?id=65480</link>
    <description>SEBI prescribes a Demat Debit and Pledge Instruction (DDPI), executable only with explicit client consent and e-signature, to authorize brokers/DPs to transfer securities for exchange settlement obligations and to pledge/re-pledge securities for margin purposes; transfers under DDPI must be matched with client-wise net delivery obligations, credited only to the client&#039;s trading member pool account, registered in the client&#039;s demat account, and revocable by the client, while brokers/DPs may not compel execution of DDPI or deny services for refusal.</description>
    <language>en-us</language>
    <pubDate>Mon, 04 Apr 2022 00:00:00 +0530</pubDate>
    <lastBuildDate>Mon, 04 Apr 2022 17:43:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=674990" rel="self" type="application/rss+xml"/>
    <item>
      <title>Execution of ‘Demat Debit and Pledge Instruction’ (DDPI) for transfer of securities towards deliveries / settlement obligations and pledging / re-pledging of securities</title>
      <link>https://www.taxtmi.com/circulars?id=65480</link>
      <description>SEBI prescribes a Demat Debit and Pledge Instruction (DDPI), executable only with explicit client consent and e-signature, to authorize brokers/DPs to transfer securities for exchange settlement obligations and to pledge/re-pledge securities for margin purposes; transfers under DDPI must be matched with client-wise net delivery obligations, credited only to the client&#039;s trading member pool account, registered in the client&#039;s demat account, and revocable by the client, while brokers/DPs may not compel execution of DDPI or deny services for refusal.</description>
      <category>Circulars</category>
      <law>SEBI</law>
      <pubDate>Mon, 04 Apr 2022 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/circulars?id=65480</guid>
    </item>
  </channel>
</rss>