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TMI BlogSharing of Information in case of Declaration of Member as Defaulter in case of Multiple MembershipX X X X Extracts X X X X X X X X Extracts X X X X ..... ing of Information in case of Declaration of Member as Defaulter in case of Multiple Membership 1. As per Section 131(B) of Finance Act, 2015 all rules, directions, guidelines, instructions, circulars, or any like instruments, made by the erstwhile FMC or the Central Government applicable to recognised associations under the FCRA would continue to remain in force for a period of one year from ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... member of any segment is declared defaulter, the concerned Stock Exchange/ Clearing Corporation shall immediately declare it a defaulter in all its segments. It shall also immediately inform all other Stock Exchanges/Clearing Corporations the details of the defaulter member such as name of the member, the names of the proprietors/ partners/ promoters/ dominant shareholders, as applicable. ii. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... director or partner is also a director or partner of the member, body corporate or the firm, as the case may be. Explanation: The expression control shall have the same meaning as defined under clause (e) of Regulation 2 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. 5. The provisions of this circular shall come into effect from September 29, 2016 in super ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... category Circulars and Info for Commodity Derivatives . Yours faithfully, Vikas Sukhwal Deputy General Manager Division of Market Policy Commodity Derivatives Market Regulation Department Email :[email protected] - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxmanagementindia - taxmanagement - taxman ..... X X X X Extracts X X X X X X X X Extracts X X X X
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