The application for grant of renewal of recognition under Regulation 12. - SEBI/LAD-NRO/GN/2017-18/018

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<h1>SEBI Renews Indian Clearing Corporation's Recognition for Three Years Under Regulation 12, Enhancing Market and Public Interest.</h1> The Securities and Exchange Board of India (SEBI) has granted a three-year renewal of recognition to Indian Clearing Corporation Limited under Regulation 12 of the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2012. This recognition, effective from October 3, 2017, to October 2, 2020, is deemed to be in the interest of trade, the securities market, and the public. The corporation must comply with conditions specified by SEBI. The decision was made under the authority of section 4 and sub-section (4) of section 8A of the Securities Contracts (Regulation) Act, 1956.

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