Recognition of Clearing Corporation granted under securities law, subject to regulatory compliance and periodic conditions. Recognition is granted to National Securities Clearing Corporation Ltd. under Regulation 4 of the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2012 and Section 4 read with sub section (4) of Section 8A of the Securities Contracts (Regulation) Act, 1956 for a one year period commencing on the stated date, subject to conditions set out in the notification and to any conditions that the regulator may specify or impose, including an express obligation that the Clearing Corporation shall comply with conditions specified by the regulator from time to time.
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Provisions expressly mentioned in the judgment/order text.
Recognition of Clearing Corporation granted under securities law, subject to regulatory compliance and periodic conditions.
Recognition is granted to National Securities Clearing Corporation Ltd. under Regulation 4 of the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2012 and Section 4 read with sub section (4) of Section 8A of the Securities Contracts (Regulation) Act, 1956 for a one year period commencing on the stated date, subject to conditions set out in the notification and to any conditions that the regulator may specify or impose, including an express obligation that the Clearing Corporation shall comply with conditions specified by the regulator from time to time.
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