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of <h1>Govt amends Securities Contracts Rules: Redefines 'appeal,' sets 45-day filing deadline, allows late appeals with justification.</h1> The Central Government has amended the Securities Contracts (Regulation) (Appeal to Securities Appellate Tribunal) Rules, 2000, under the authority of section 30 of the Securities Contracts (Regulation) Act, 1956. Key changes include renumbering definitions, redefining 'appeal' to include filings under specific sections of the Act and Rules, and stipulating that appeals must be filed within 45 days of receiving the relevant order from a recognized stock exchange. The Appellate Tribunal may accept late appeals if justified. These amendments take effect upon publication in the Official Gazette.
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