Section 2(1)(e) in Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018
(e)"clearing member" means a person having clearing rights in any recognized clearing corporation and includes a clearing member as defined in clause (ae) of sub-regulation (1) of Regulation 2 of the Securities and Exchange Board of India (Stock Brokers and Sub-Brokers) Regulations, 1992