Block Mechanism in demat account of clients undertaking sale transactions - Clarification

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.... - Clarification 1. SEBI, vide circular no. CIR/HO/MIRSD/DOP/P/CIR/2022/595 dated July 16, 2021, introduced block mechanism in the demat account of clients undertaking sale transactions, for ease of operations in Early Pay-in mechanism. The mechanism was introduced on optional basis. 2. Subsequently, vide circular no. SEBI/HO/MIRSD/DoP/P/CIR/2022/109 dated August 18, 2022, SEBI made the facility....

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....d to: a. bring the provisions of this circular to the notice of their members / participants and also disseminate the same on their websites; b. make necessary amendments to the relevant Bye-laws, Rules and Regulations for the implementation of the above decision. c. communicate to SEBI, the status of the implementation of the provisions of this circular on November 15, 2022 and in their Mon....