Joshi releases Indian Standard for Electric Agricultural Tractor (See 'Corp Brief') IPR - Generic or commonly descriptive word can never become trade marks on their own as they never acquire distinctiveness or a secondary meaning: HC (See 'Legal Desk') NTH signs MoU with DRDO's DMSRDE for research, testing and training collaboration (See 'Corp Brief') IPR - Kohinoor's trademark registrations in Delhi and marketing agreement executed between parties in Delhi were sufficient to vest territorial jurisdiction in Court: HC (See 'Legal Desk') Gypsum Board Testing and Micro-Characterisation Laboratories Inaugurated (See 'Corp Brief') IBC - Paramount consideration should be interest of homebuyers who are entitled to allotment and possession of completed units: HC (See 'Legal Desk') Govt notifies Colliery Control (Amendment) Rules, 2025 (See 'Corp Brief') IPR - If marks/trade dress of parties, are similar, and areas of operation/business are same, and target consumers are also similar, there is complete likelihood that deception and confusion will occur with consumers: HC (See 'Legal Desk') NIFTEM-K signs MoU with Ministry of Minority Affairs to implement PM Vikas Scheme (See 'Corp Brief') A&C - Developer's failure to establish escrow account and its prolonged delay in project completion demonstrated financial indiscipline: HC (See 'Legal Desk') CSIR Labs driving Atmanirbhar Bharat through indigenous technologies: MoS (See 'Corp Brief') A&C - DMRC is not in violation of obligations under Concession Agreement, if DMRC had co-operated with PDL and sub-licensee and non-completion of project was because of failure of PDL: HC (See 'Legal Desk') India now sets Global Benchmarks in Space, Defence, and Innovation: MoS (See 'Corp Brief') PMLA - Provisional attachments under Section 5 of PMLA can be initiated without chargesheet under Section 173 of CrPC, based on sufficient material: HC (See 'Legal Desk')

Print

NRIs to take CP codes for trading in currency derivatives: NSE circular

Published: Jul 17, 2017

By TIOLCORP News Service

NEW DELHI, JULY 17, 2017: THE Securities and Exchange Board of India (SEBI) had last month issued a circular allowing NRIs to participate in Currency Derivatives (CD) Segment. In furtherance of the same, the National Stock Exchange (NSE) has now issued a circular clarifying that the NRIs shall be required to take CP codes through their Clearing Members. The procedure for taking the CP codes shall continue to be the same as currently available for other categories in the segment through the Collateral Interface for Members (CIM). It was also stated that the user Manual for assistance shall be available on CIM.

The CP codes shall be activated only on receipt of valid documents from the Clearing Members and shall be subsequently activated effective from next trading day. Documents received after 12:00PM shall be processed on next working day. NSCCL will reserve the right to cancel any CP code applied on behalf of NRI.

CP codes issued for NRIs shall only be used for the purpose of trading in Currency Derivatives Segment.

The said NSE circular shall be effective from July 24, 2017.

 

TIOL CORP SEARCH

TIOL GROUP WEBSITES

taxindiaonline
taxindiainternational
tioltube
TKF
TIOLawards
A TIOL Website. Copyright © 2025 TIOLcorplaws.com All rights reserved.