Edelweiss Custodial Services Limited v. NSE Clearing Ltd & Anr
2026 INSC 9412 September 202615 min read
Edelweiss Custodial Services Limited vs NSE Clearing Ltd & Anr
Supreme Court sets aside restitution orders against Professional Clearing Members, holding they have no statutory obligation to verify individual client positions before liquidating collateral on Trading Member's default.
Case Snapshot
- Case Name
- Edelweiss Custodial Services Limited v. NSE Clearing Ltd. & Anr.
- Citation
- 2026 INSC 941
- Bench
- Justice K. Vinod Chandran and Justice J.B. Pardiwala
- Date of Judgment
- September 2, 2026
- Area of Law
- Securities Law, Stock Exchange Regulations, F&O Trading
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