ICCL issued one-time declaration for Fixed Deposit receipts (FDR) created out of clients funds

Mar 24, 2025 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe Indian Clearing Corporation Limited, (ICCL) on March 24, 2025, issued one time declaration for Fixed Deposit receipts (FDR) created out of clients funds.

Members must submit a one-time declaration regarding FDRs created from clients’ funds by Tuesday, 15th April 2025. The declaration format is provided as an Annexure.

Submissions should be sent via courier to:

Indian Clearing Corporation Limited,

15th Floor, P.J. Tower, Dalal Street, Fort, Mumbai-400001.

Members are advised to comply with the instructions.

[Notification No.20250324-2]

 

 

 


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