Master Circular for Stock Exchange and Clearing Corporations
Summary
This Master Circular compiles relevant circulars and communications issued by SEBI up to March 31, 2021 for Stock Exchanges and Clearing Corporations. It supersedes the previous Master Circular dated October 25, 2019, and includes updated references to repealed statutes and regulations. In case of inconsistency between this compilation and specific applicable circulars, the content of the relevant circular shall prevail.
Text
In order to enable the users to have an access to all the applicable circulars/directions at one place, Master Circular for Stock Exchanges and Clearing Corporations has been prepared.
This Master Circular is a compilation of the relevant circulars/communications issued by SEBI up to March 31, 2021 and shall come into force from the date of its issue. References in the circular to the Statutes/Regulations which now stand repealed, have been suitably updated.
The Master Circular is a compilation of all the existing/applicable circulars issued by Market Regulation Department of SEBI to Stock Exchanges and Clearing Corporations. Efforts have been made to incorporate relevant circulars issued by other departments of SEBI to Stock Exchanges and Clearing Corporations, pertaining to the areas specified in Enclosure.
In case of any inconsistency between the Master Circular and the applicable circulars, the content of the relevant circular shall prevail.
This Master Circular shall supersede the previous Master Circular SEBI/HO/MRD/DP/CIR/P/117 dated October 25, 2019, and is available on SEBI website at www.sebi.gov.in.
Source: SecMarx — Master Circular for Stock Exchange and Clearing Corporations. Verbatim text is public record; SecMarx structuring (linkage to applying orders) is cited to us.