Relaxation in timelines for compliance with regulatory requirements
By INSOL India - Editorial Team Posted On : June 01, 2020
In view of the Covid-19 pandemic, and the lockdown imposed by the Government of India and the State Governments, the SEBI by its circular No. SEBI/HO/MIRSD/DOP/CIR/P/2020/82 dated 15th May 2020 in exercise of powers conferred on it under Section 11(1) of the SEBI Act, 1992 read with Section 19 of the Depositories Act, 1996, has decided to further extend the timelines for compliance with the regulatory requirements, by the trading members/clearing members/depository participants.