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SEBI Revises Norms for Inactive Accounts | Funds to Be Settled on Monthly Running Account Settlement Cycle Dates

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SEBI Inactive Client Fund Settlement Norms

Circular No.SEBI/HO/MIRSD/MIRSD-PoD1/P/CIR/2025/1, Dated 06.01.2025

The SEBI has revised norms for settling funds of clients inactive for over 30 days. Previously, Trading Members (TMs) were required to settle such accounts within three working days, causing daily procedural inefficiencies. Based on recommendations, the SEBI has now mandated that these funds be settled on the upcoming settlement dates of the monthly running account settlement cycle, as notified by stock exchanges.

Click Here To Read The Full Circular

The post SEBI Revises Norms for Inactive Accounts | Funds to Be Settled on Monthly Running Account Settlement Cycle Dates appeared first on Taxmann Blog.

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