Capital & debt market to operate as per revised MHA guidelines

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TaxClue Teamhttp://taxclue.in
Taxclue is an online news portal for reporting all news, articles, judgments, Circulars, orders, and notifications relating to various corporate and tax laws in India. We use the tagline ‘Simplifying Laws’. Our mission is to Simplify the Laws and make people aware of their rights and duties in relation to tax matters in order to equip them to participate in nation-building.

SECURITIES AND EXCHANGE BOARD OF INDIA

NOTIFICATION

April 15, 2020

In terms of Order No. 40-3/2020-DM-I(A) dated March 24, 2020, of the Ministry of Home Affairs, the Securities and Exchange Board of India had issued a notification dated March 24, 2020, notifying various entities to provide capital and debt market services for a period of 21 days with effect from March 25, 2020.

The Ministry of Home Affairs vide Order No. 40-3/2020- DM-I (A) dated April 15, 2020, has issued revised guidelines on the measures to be taken for containment of COVID-19 in the country and directed that these measures will continue to remain in force up to May 03, 2020. These guidelines permit the continuation of certain services which include the Securities and Exchange Board of India and Capital and Debt Market Services as notified by SEBI.

Accordingly, in terms of clause 7 iii, of the said Guidelines, the Notification dated March 24, 2020, issued by SEBI will continue to remain in force in all parts of the country up to May 03, 2020.

Sd/-

Deepak Trivedi
Chief General Manager

Copy to:

  • All Recognised Stock Exchanges,
  • All Recognised Clearing Corporations,
  • All Depositories,
  • All Custodians,
  • All Mutual Funds,
  • All Asset Management Companies,
  • All Stock Brokers,
  • All Trading Members,
  • All Clearing Members,
  • All Depositories Participants,
  • All Registrar and Share Transfer Agents,
  • All Credit Rating Agencies,
  • All Debenture Trustees,
  • All Foreign Portfolio Investors
  • All Portfolio Managers,
  • All Alternative Investment Funds,
  • All Investment Advisers.

Encl: (i) MHA Order Dated March 24, 2020, and guidelines issued thereunder ;

SEBI notification dated March 24, 2020

(ii) MHA Order dated April 15, 2020, and guidelines issued thereunder

Taxclue
TaxClue Team

Taxclue is an online news portal for reporting all news, articles, judgments, Circulars, orders, and notifications relating to various corporate and tax laws in India. We use the tagline ‘Simplifying Laws’. Our mission is to Simplify the Laws and make people aware of their rights and duties in relation to tax matters in order to equip them to participate in nation-building.

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