Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018 Chapter IV OWNERSHIP OF STOCK EXCHANGES AND CLEARING CORPORATIONS
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Definitions of regulated entities frame ownership scope of stock exchanges and clearing corporations under securities regulations. Regulation 15 fixes the definitional framework for ownership of stock exchanges and clearing corporations by importing statutory meanings: banking company ... Summary
Definitions of regulated entities frame ownership scope of stock exchanges and clearing corporations under securities regulations.
Regulation 15 fixes the definitional framework for ownership of stock exchanges and clearing corporations by importing statutory meanings: banking company (Banking Regulation Act), insurance company (Insurance Act), person resident in India and person resident outside India (Foreign Exchange Management Act), and public financial institution (Companies Act), thereby aligning the Chapter's ownership controls with existing sectoral statutory definitions.
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