Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 0] [Section 23(6)] [Section 23] [Entire Act]

Union of India - Subsection

Section 23(6)(b) in The Payment And Settlement Systems Act, 2007

(b)after appropriating in accordance with the rules, regulations or bye-laws of the central counter party, the collateral's provided by the system participants towards their settlement or other obligations, return the collateral's held in excess to the system participants concerned.]