Refund of security deposit - SEBI - SEBI/HO/MIRSD/FCR/CIR/P/2021/01

..... surrender of membership by Trading Members: A. On approval of application for surrender of Trading Member’s registration by SEBI, the Exchange shall release Security Deposit of the Trading Member (engaged in trading on behalf of clients) after the period mentioned at point a) or b), whichever is earlier: (a) Three years from the date of receipt of surrender application by Exchange from the Trading Member (in order to meet any investor claims), or (b) Five years from the date of disablemen .....

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Refund of security deposit - SEBI

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..... ircular in the Monthly Development Reports to SEBI. 4. This Circular is issued in exercise of the powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992 read with Section 10 of the Securities Contract (Regulation) Act, 1956 to protect the interests of investors in securities, to promote the development of, and to regulate the securities market. 5. This Circular is available on SEBI website at www.sebi.gov.in. Yours faithfully, Pranjal Jayaswal Deputy Genera .....

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Refund of security deposit - SEBI

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