Power to make inquiries allows securities regulator to require further information before granting exchange recognition. Before granting recognition to a stock exchange under section 4, the Securities and Exchange Board of India may make inquiries and require further information it deems necessary relating to the information furnished by the exchange in the Annexure to its application in Form A.
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Provisions expressly mentioned in the judgment/order text.
Power to make inquiries allows securities regulator to require further information before granting exchange recognition.
Before granting recognition to a stock exchange under section 4, the Securities and Exchange Board of India may make inquiries and require further information it deems necessary relating to the information furnished by the exchange in the Annexure to its application in Form A.
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