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of <h1>Finance Bill 2019: Clause 145 amends Securities Contracts Act, mandates reporting to Board alongside stock exchanges under Section 23A.</h1> Clause 145 of the Finance (No. 2) Bill, 2019 proposes amendments to the Securities Contracts (Regulation) Act, 1956. Specifically, it seeks to modify section 23A to require that reports, previously furnished solely to a recognized stock exchange, must also be submitted to the Board. This change ensures that information is provided within the specified time frame as outlined in the listing agreement, conditions, bye-laws, the Act, or related rules.
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