NSE Circular on - Administrative Actions in case of failure to maintain minimum prescribed Networth
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Oct 15, 2025, 4:07:33 AM (7 days ago) Oct 15
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The penal action is in addition to blocking deposits as provided in Circular No. NCL/CMPL/67927 dated May 08, 2025.
In case of any clarification or assistance required in the implementation of this circular, you may contact : Kaushik Jethwa at kau...@secmark.in and 9870210171.
Date of Issue: 14-10-2025
Issuer: NSE
Administrative Actions in case of failure to maintain minimum prescribed Networth
Highlights of NSE Circular dated October-14-2025
This is in continuation to Circular No. NCL/CMPL/67927 dated May 08, 2025 regarding Administrative Actions in case of failure to maintain minimum prescribed Networth. As per the Circular, all Members of the Clearing Corporation are required to maintain minimum Net worth at all point of time. Members are required to meet the minimum Net worth prescribed for Clearing Membership, as per SEBI Gazette Notification No. SEBI/LAD-NRO/GN/2022/73 dated February 23, 2022. Further, penalty of Rs. 50,000/- shall be levied on members who have reported shortfall in networth submissions to NCL. In order to initiate action in cases of repeated instances of reporting shortfall in networth to NCL, the penal action is prescribed in the circular.
Issuer: NSE
Administrative Actions in case of failure to maintain minimum prescribed Networth
Highlights of NSE Circular dated October-14-2025
This is in continuation to Circular No. NCL/CMPL/67927 dated May 08, 2025 regarding Administrative Actions in case of failure to maintain minimum prescribed Networth. As per the Circular, all Members of the Clearing Corporation are required to maintain minimum Net worth at all point of time. Members are required to meet the minimum Net worth prescribed for Clearing Membership, as per SEBI Gazette Notification No. SEBI/LAD-NRO/GN/2022/73 dated February 23, 2022. Further, penalty of Rs. 50,000/- shall be levied on members who have reported shortfall in networth submissions to NCL. In order to initiate action in cases of repeated instances of reporting shortfall in networth to NCL, the penal action is prescribed in the circular.
The penal action is in addition to blocking deposits as provided in Circular No. NCL/CMPL/67927 dated May 08, 2025.
In case of any clarification or assistance required in the implementation of this circular, you may contact : Kaushik Jethwa at kau...@secmark.in and 9870210171.
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