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The AI analyses your query, notice, order, or uploaded documents and identifies the key issues involved.

• Review the issues identified by the AI
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Step 2 – Draft Generation

Once you approve the issues, the AI performs issue-wise legal research and prepares a structured draft response.

• Relevant statutory provisions
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• Issue-wise legal analysis
• Practical arguments and supporting content
• Professionally structured draft ready for further review.

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System based calculation of margins on gross basis

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....am, Sub:-System based calculation of margins on gross basis. Vide our earlier circular dated February 01, 2001, we had stipulated that the stock exchanges would modify their system software so that entry of client code becomes mandatory at the brokers' level and that orders would not be accepted without the client code. It was also mentioned that with effect from February 28, 2001, the stock exc....

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System based calculation of margins on gross basis