Government-specified authorized transactions permitted: amendment allows inter party securities dealings under Central Government notification. Amendment modifies clause (b) of section 18A and inserts clause (c) authorizing transactions 'between such parties and on such terms as the Central Government may, by notification in the Official Gazette, specify,' empowering the Central Government to prescribe permitted counterparties and terms for securities dealings by notification.
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Provisions expressly mentioned in the judgment/order text.
Government-specified authorized transactions permitted: amendment allows inter party securities dealings under Central Government notification.
Amendment modifies clause (b) of section 18A and inserts clause (c) authorizing transactions "between such parties and on such terms as the Central Government may, by notification in the Official Gazette, specify," empowering the Central Government to prescribe permitted counterparties and terms for securities dealings by notification.
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