Stock broker regulations define core terms: change in control, designated director, clearing member, market abuse and related concepts. Regulation 2 provides definitions for key participants and concepts under the SEBI (Stock Brokers) Regulations, 2026, including stock broker, clearing member, clearing corporation, certificate of registration, professional and self-clearing members, proprietary trading member, designated director and senior management. It defines change in control-using takeover rules for listed bodies, company-law definitions for unlisted bodies, and changes in legal formation or ownership for non-corporates (with controlling interest as at least fifty percent)-and aligns market-abuse, fraud, mule account and suspicious activity with prior SEBI regulations.
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.
Stock broker regulations define core terms: change in control, designated director, clearing member, market abuse and related concepts.
Regulation 2 provides definitions for key participants and concepts under the SEBI (Stock Brokers) Regulations, 2026, including stock broker, clearing member, clearing corporation, certificate of registration, professional and self-clearing members, proprietary trading member, designated director and senior management. It defines change in control-using takeover rules for listed bodies, company-law definitions for unlisted bodies, and changes in legal formation or ownership for non-corporates (with controlling interest as at least fifty percent)-and aligns market-abuse, fraud, mule account and suspicious activity with prior SEBI regulations.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
AI OCR ✕
of 
TaxTMI 
TaxTMI 
