Recognition renewal for a clearing corporation under securities regulation subject to regulator imposed compliance conditions. Renewal of recognition under the Securities Contracts (Regulation) Regulations, 2012 is conferred on MCX SX Clearing Corporation Limited pursuant to Regulation 12 and the regulator's powers under the Securities Contracts (Regulation) Act; the renewal covers a specified one year operational period and is expressly subject to conditions which the clearing corporation must comply with as may be specified by the regulator from time to time.
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.
Recognition renewal for a clearing corporation under securities regulation subject to regulator imposed compliance conditions.
Renewal of recognition under the Securities Contracts (Regulation) Regulations, 2012 is conferred on MCX SX Clearing Corporation Limited pursuant to Regulation 12 and the regulator's powers under the Securities Contracts (Regulation) Act; the renewal covers a specified one year operational period and is expressly subject to conditions which the clearing corporation must comply with as may be specified by the regulator from time to time.
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