SEBI’s dispute resolution mechanism will strengthen LPCC

Capital markets regulator SEBI announced a dispute resolution mechanism for Limited Purpose Clearing Corporation (LPCC) to settle disputes and claims arising out of transactions cleared by it. The mechanism will be used to settle disputes between clearing members; contention between the clearing members and their clients; differences between the LPCC and its vendors; and disputes between clearing members or its clients and the LPCC.

Against this backdrop, Economic Laws Practice (ELP)’s Associate Partner Manendra Singh has been quoted in an article SEBI’s dispute resolution mechanism will strengthen LPCC published by ETLegalWorld.

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