Reference to Company Law Board rules commence on Gazette publication, enabling referrals under the securities contracts regulatory framework. The Securities Contracts (Reference to the Company Law Board) Rules, 1986 are made under the statutory grant of power in the Securities Contracts (Regulation) Act, following publication of draft rules for public consultation and consideration of objections; they bear a short title and provide that they shall come into force on the date of their publication in the Official Gazette.
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Provisions expressly mentioned in the judgment/order text.
Reference to Company Law Board rules commence on Gazette publication, enabling referrals under the securities contracts regulatory framework.
The Securities Contracts (Reference to the Company Law Board) Rules, 1986 are made under the statutory grant of power in the Securities Contracts (Regulation) Act, following publication of draft rules for public consultation and consideration of objections; they bear a short title and provide that they shall come into force on the date of their publication in the Official Gazette.
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