https://www.taxtmi.com/circulars?id=66287 A Dispute Resolution Mechanism is mandated for Recognized Limited Purpose Clearing Corporations to settle disputes arising from transactions they clear and settle, in accordance with procedures prescribed by SEBI. Inter Clearing Member disputes shall be resolved by conciliation and/or a three member arbitration panel of non party Clearing Members, whose decision is final and binding subject to recourse under the Payment and Settlement Systems Act. Disputes involving Clearing Members, Clients, LPCCs, and vendors must follow SEBI prescribed mechanisms; LPCCs must notify members, publish the provisions, amend bye laws and communicate changes to the regulator. en-us Mon, 17 Apr 2023 00:00:00 +0530 Tue, 18 Apr 2023 16:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=66287 A Dispute Resolution Mechanism is mandated for Recognized Limited Purpose Clearing Corporations to settle disputes arising from transactions they clear and settle, in accordance with procedures prescribed by SEBI. Inter Clearing Member disputes shall be resolved by conciliation and/or a three member arbitration panel of non party Clearing Members, whose decision is final and binding subject to recourse under the Payment and Settlement Systems Act. Disputes involving Clearing Members, Clients, LPCCs, and vendors must follow SEBI prescribed mechanisms; LPCCs must notify members, publish the provisions, amend bye laws and communicate changes to the regulator. Circulars SEBI Mon, 17 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/circulars?id=66287