Securities Contracts (Regulation) (Stock Exchanges And Clearing Corporations) Regulations, 2012 Chapter V GOVERNANCE OF STOCK EXCHANGES AND CLEARING CORPORATIONS
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Transfer of profits requires stock exchanges to credit part of annual profits to clearing corporation fund. Regulation requires recognised stock exchanges to annually credit a specified portion of their profits to the Fund of the recognised clearing corporation(s) that clear and settle trades executed on those exchanges, establishing a mandatory recurring contribution to support clearing and settlement infrastructure.
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.
Transfer of profits requires stock exchanges to credit part of annual profits to clearing corporation fund.
Regulation requires recognised stock exchanges to annually credit a specified portion of their profits to the Fund of the recognised clearing corporation(s) that clear and settle trades executed on those exchanges, establishing a mandatory recurring contribution to support clearing and settlement infrastructure.
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