Maintenance of books and records requires recognised clearing corporations to retain specified accounting records for a minimum statutory period. Maintenance of books and records requires recognised stock exchanges to follow the applicable rule for preservation of books, while recognised clearing corporations must maintain and preserve specified books and documents for a minimum statutory period, including minute books of the governing board and committees, clearing member records with settlement account details, transaction records, security and margin deposit records, client margin collection details, ledgers, journals, cash book, bank account statements and other books as may be specified by the Board.
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.
Maintenance of books and records requires recognised clearing corporations to retain specified accounting records for a minimum statutory period.
Maintenance of books and records requires recognised stock exchanges to follow the applicable rule for preservation of books, while recognised clearing corporations must maintain and preserve specified books and documents for a minimum statutory period, including minute books of the governing board and committees, clearing member records with settlement account details, transaction records, security and margin deposit records, client margin collection details, ledgers, journals, cash book, bank account statements and other books as may be specified by the Board.
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