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        SEBI

        Regulation 12 - Renewal of recognition

        Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018
        Chapter II
        RECOGNITION OF STOCK EXCHANGES AND CLEARING CORPORATIONS

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        Renewal of recognition requires advance prescribed application, fee payment and continuous compliance with applicable conditions. Renewal applicants must follow the same regulatory provisions applicable to initial grant of recognition, file the prescribed application form with the Board at least three months before expiry, pay the fee as required under rule 7 (clearing corporations paying the same fee as stock exchanges), and maintain continuous compliance with the applicable conditions specified in regulation 7(3) and 7(4).
                    Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                      Provisions expressly mentioned in the judgment/order text.

                          Renewal of recognition requires advance prescribed application, fee payment and continuous compliance with applicable conditions.

                          Renewal applicants must follow the same regulatory provisions applicable to initial grant of recognition, file the prescribed application form with the Board at least three months before expiry, pay the fee as required under rule 7 (clearing corporations paying the same fee as stock exchanges), and maintain continuous compliance with the applicable conditions specified in regulation 7(3) and 7(4).


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