Sub: Daily Settlement Program for June 7, 2016
Ø Trading members and custodians should:
maintain clear balance in their Depository Pool Accounts for Securities at 10:50 a.m. for pay-in obligation pertaining to Sett.Nos.DR-045/2016-17 respectively. The cut-off timings for pay-in of securities at the Depositories should be noted. Physical securities to be delivered in the Clearing House from 9:30 a.m. to 10:30 a.m.
Ø maintain sufficient balance in their bank accounts for any undelivered securities. (Refer Notice Nos. 20030319-14, 20030328-8, 20030721-9 dated March 19, March 28, and July 21, 2003 respectively).
Ø maintain sufficient balance in their Bank Accounts at 09:30 a.m. towards pay-in of funds for auction of Sett.No.AR-044/16-17.
B. Patawat Arbitration programme for physical securities delivered in Rolling Sett. Nos. DR-042/16-, DR-043/16-17 and DR-044/16-17:
|
Tuesday
|
Sett.No. DR-042/2016-2017
|
|
|
07.06.2016
|
Arbitration Awards for invalid rectification to be obtained from officials of the Bad Delivery Cell
|
11:30 a.m. to 12:30 p.m.
|
|
|
Securities to be lodged with the clearing house upto
|
1:00 p.m.
|
|
|
Sett.No. DR-043/2016-2017
|
|
|
|
Trading members and institutions to submit rectified securities, confirmation forms and invalid objections in the clearing house
|
1:00 p.m. to
2:00 p.m.
|
|
|
Rectified securities will be delivered to the receiving trading members
|
3:00 p.m. to 4:00 p.m.
|
|
|
Sett.No. DR-044/2016-2017
|
|
|
|
Patawat Arbitration session: Arbitration awards to be obtained from officials of the Bad Delivery Cell
|
10:30 a.m. to 11:30 a.m.
|
|
|
Securities under objection to be submitted in the Clearing House
|
11:00 a.m. to 12:00 noon
|
|
|
The delivering trading members to collect such securities under objection from the clearing house
|
2:00 p.m. to 3:00 p.m.
|
|
|
Arbitration awards for invalid objection to be obtained from members of the Arbitration Review Committee
|
5:00 p.m. to 5:30 p.m.
|
|
Wednesday
|
Sett.No. DR-043/2016-2017
|
|
|
08.06.2016
|
Arbitration Awards for invalid rectification to be obtained from officials of the Bad Delivery Cell
|
11:30 a.m. to 12:30 p.m.
|
|
|
Securities to be lodged with the clearing house upto
|
1:00 p.m.
|
|
|
Sett.No. DR-044/2016-2017
|
|
|
|
Trading members and institutions to submit rectified securities, confirmation forms and invalid objections in the clearing house
|
1:00 p.m. to
2:00 p.m.
|
|
|
Rectified securities will be delivered to the receiving trading members
|
3:00 p.m. to 4:00 p.m.
|
|
Thursday
|
Sett.No. DR-044/2016-2017
|
|
|
09.06.2016
|
Arbitration Awards for invalid rectification to be obtained from officials of the Bad Delivery Cell
|
11:30 a.m. to 12:30 p.m.
|
|
|
Securities to be lodged with the clearing house upto
|
1:00 p.m
|
For Indian Clearing Corporation Ltd.
Nilesh Shah
Date: Monday, June 6, 2016 SR Manager
|