https://www.taxtmi.com/caselaws?id=765091 The court determined that the Petitioners, as Trading Members not engaged in depository participant activities, do not require a Depository Participant license under the Impugned Circulars. Additionally, clients trading exclusively in index derivatives and providing margins through cash are not mandated to hold demat accounts. The court resolved all grievances raised by the Petitioners through clarifications provided by the Respondents and disposed of the Petition without any order as to costs. The order was to be digitally signed and acted upon by all concerned parties. en-us Tue, 21 Jan 2025 00:00:00 +0530 Sat, 25 Jan 2025 08:26:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765091 The court determined that the Petitioners, as Trading Members not engaged in depository participant activities, do not require a Depository Participant license under the Impugned Circulars. Additionally, clients trading exclusively in index derivatives and providing margins through cash are not mandated to hold demat accounts. The court resolved all grievances raised by the Petitioners through clarifications provided by the Respondents and disposed of the Petition without any order as to costs. The order was to be digitally signed and acted upon by all concerned parties. Case-Laws SEBI Tue, 21 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765091