Corporate insolvency resolution process amended with expanded disclosure, guarantor asset transfer rules, and new dissolution and restoration procedur...
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The SBI amended the provisions of the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018. Key points include the requirement for recognized stock exchanges to pay specified amounts to the Board based on their annual turnover, with additional fees for transactions on agricultural commodity derivatives. The regulations also update terminology and payment timelines. The amendments came into force upon publication in the Official Gazette.
The SBI amended the provisions of the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018. Key points include the requirement for recognized stock exchanges to pay specified amounts to the Board based on their annual turnover, with additional fees for transactions on agricultural commodity derivatives. The regulations also update terminology and payment timelines. The amendments came into force upon publication in the Official Gazette.
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