Recognition renewal for a clearing corporation granted for a limited term, subject to regulatory conditions and compliance. Renewal of recognition is granted to Metropolitan Clearing Corporation of India Limited under Regulation 12 of the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2012 and relevant powers of the Securities Contracts (Regulation) Act, 1956 for a fixed one year term, on the basis that renewal is in the interest of trade, the securities market and the public interest, and subject to compliance with conditions specified by the regulator and any additional requirements that may be prescribed.