Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
SEBI to Automate Pledge Invocation and Sale Process for Brokers from September 2025
SEBI mandated full automation of pledge invocation and securities disposal by brokers from September 2025. This requires integration between broker-backoffice and clearing corporation systems for electronic processing upon client default. The move eliminates manual intervention, reduces settlement time from days to hours, and standardizes recovery processes across exchanges to minimize disputes.