The Stock and Exchange Board of India has issued a circular dated 4th July, 2014 in order to clarify the issues and obstacles with regard to the earlier guidelines issued to strengthen and monitor the process of Delivery Instruction Slips with the DP’s for which the body had earlier issued a guideline on 7th January, 2014, in light of which taking into consideration the above difficulties faced with respect to the provisions as made in the earlier circular, the same has now been clarified vide circular no. CIR/MRD/DP/22/2014 dated 4th July, 2014, by the virtue of which the timeline of the provisions has been deferred till 1st October, 2014.
The circular on Delivery Instruction Slips issuance and processing can be accessed below.
SEBI Circular on Delivery Instructions slips Issuance and processing with DP’s