Securities Contracts (Regulation) (Stock Exchanges And Clearing Corporations) Regulations, 2012 Chapter II RECOGNITION OF STOCK EXCHANGES AND CLEARINGCORPORATIONS
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Recognition of stock exchanges requires Board satisfaction of application, eligibility compliance, and adherence to imposed regulatory conditions. The Board may grant recognition to an applicant as a recognised stock exchange or recognised clearing corporation after considering the application and ... Summary
Recognition of stock exchanges requires Board satisfaction of application, eligibility compliance, and adherence to imposed regulatory conditions.
The Board may grant recognition to an applicant as a recognised stock exchange or recognised clearing corporation after considering the application and being satisfied that the applicant has complied with eligibility and condition requirements; recognition is issued in prescribed Form B formats and recognised entities must comply with additional conditions imposed by the Board, including regarding the nature of securities to be dealt with.
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