Bilateral Netting of Qualified Financial Contracts Act, 2020

An Act to ensure financial stability and promote competitiveness in Indian financial markets by providing enforceability of bilateral netting of qualified financial contracts and for matters connected therewith or incidental thereto.

Act Id	bilateral-netting-of-qualified-financial-contracts-act-2020
Act Number	30
Enactment Date	2020-09-28
Act Year	2020
Ministry	Ministry of Finance
Enforcement Date	28-09-2020

PRELIMINARY
- 1 Short title and commencement.
- 2 Definitions.
APPLICATION OF ACT
INVOCATION OF CLOSE-OUT NETTING
- 6 Invocation of close-out netting.
- 7 Net amount.
LIMITATIONS ON POWERS OF ADMINISTRATION PRACTITIONER
- 8 Limitations on powers of administration practitioner.
MISCELLANEOUS

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