Supreme Court: Constitutional Validity of Section 6A of Citizenship Act, 1955 Upheld  ||  SC: Auctioneer Can’t Refuse Sale Certificate if No Default on Part of Auction Purchaser  ||  Supreme Court: It is the Duty of the Court to Assess Fair Compensation  ||  BCI Directs Pvt. Universities to Not Use Prefixes ‘Bharatiya’, ‘National’ for Conducting Competitions  ||  SC: Corp. Charging Royalty Can’t be Interfered With as there is no Question of Royalty Being Tax  ||  Del. HC: Provisions of Guardians and Wards Act Can’t Curtail Right of Appeal Under Family Courts Act  ||  MP HC: For Order Rejecting Correction of Records, Sub-Divisional Officer Must Give Reasons  ||  MP HC: Separate Show-Cause Notice Liable to be Issued for Blacklisting or Suspension of Registration  ||  Bom. HC: Amount Collected by Revenue Without Authority of Law Amounts to Unjust Enrichment  ||  Delhi HC: If Export Proceeds Realized as Per FEMA, Exporter Entitled to Duty Drawback    

Securities and Exchange Board of India Bars Transfer of Client Securities to Accounts of Brokers - (26 Feb 2020)

CAPITAL MARKET

Securities and Exchange Board of India has banned the transfer of client securities to Demat accounts of trading and clearing members. The Board further stated that the brokers can accept collateral from clients in the form of securities only by way of margin pledge created in the depository system.

Tags : SECURITIES AND EXCHANGE BOARD OF INDIA   TRANSFER OF CLIENT SECURITIES TO ACCOUNTS OF BROKERS  

Share :        

Disclaimer | Copyright 2024 - All Rights Reserved