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of <h1>Central Government Empowered to Make Rules Under Section 30 of the Securities Contracts Act 1956</h1> Section 30 of the Securities Contracts (Regulation) Act, 1956, grants the Central Government the authority to make rules to implement the Act's objectives. These rules may cover various aspects, including application procedures, inquiries for stock exchange recognition, conditions for granting recognition, and requirements for listing securities. The rules also address the maintenance of documents, inquiries by stock exchange governing bodies, dealer licensing, and appeal procedures before the Securities Appellate Tribunal. Every rule must be presented to Parliament for a total of thirty days, during which modifications can be made or the rule annulled, without affecting prior actions taken under it.
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