Purposive interpretation of residential house exemption: unregistered purchase agreement alone does not defeat relief, but investment must be verified...
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The Securities and Exchange Board of India (SEBI) permitted the exit of the Indian Commodity Exchange Limited as a stock exchange and withdrew the recognition granted to it, pursuant to an Order dated December 10, 2024. This withdrawal of recognition came into effect from the date of publication of the Notification in the Official Gazette, in exercise of powers under sub-section (1) of section 5 of the Securities Contracts (Regulation) Act, 1956.
The Securities and Exchange Board of India (SEBI) permitted the exit of the Indian Commodity Exchange Limited as a stock exchange and withdrew the recognition granted to it, pursuant to an Order dated December 10, 2024. This withdrawal of recognition came into effect from the date of publication of the Notification in the Official Gazette, in exercise of powers under sub-section (1) of section 5 of the Securities Contracts (Regulation) Act, 1956.
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