Attorneys at Law Since 1964

Investment Policy, Liquid Assets for the purpose of Calculation of Net Worth of a Clearing Corporation and Transfer of Profits

Investment Policy, Liquid Assets for the purpose of Calculation of Net Worth of a Clearing Corporation and Transfer of Profits

Circular Dated 02.05.2016

 

SEBI had also constituted an expert Committee on Clearing Corporations, to examine, the issues pertaining to

(a) Investment Policy of a Clearing Corporation,

(b) Liquid assets for calculation of Net worth of a Clearing Corporation, and

(c) Regulation 33 of SECC Regulations on ‘Transfer of Profits’.

The Clearing Corporations are advised to comply with certain recommendations of SEBI.

 

Leave a comment

Newsletter


Offices

61, TTK Road, Alwarpet, Chennai 600 018

2283, 14th A Main Road, HAL 2nd Stage, Indiranagar, Bengaluru 560008

965, Harita Centre, Avinashi Road, Coimbatore 641 037

Top