TMI BlogRefund of security depositX X X X Extracts X X X X X X X X Extracts X X X X ..... f security deposit and arbitration mechanism after the surrender of membership of Trading Members (Annexure 1). 2. In this regard, following is advised to all exchanges regarding refund of security deposit on 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s from the date of disablement of Trading Member's trading terminals by the Exchange. 3. The stock exchanges are advised to: - (a) make necessary amendments to the relevant bye-laws, rules and regulations for the implementation of the above decision immediately; (b) bring the provisions of this circular to the notice of the members of the stock exchange and also to disseminate the same throug ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ant General Manager Market Regulation Department - Division of SRO Administration1 E-Mail ID: [email protected] Ph: (22)-26449103 MRD/DSA/OW/14347/4/2019 June 10, 2019 Ms. Priya Subbaraman Chief Regulatory Officer National Stock Exchange Limited, Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai 400051 Madam, Subject: Refund of security deposit This is with ..... X X X X Extracts X X X X X X X X Extracts X X X X
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