Renewal of recognition for a stock exchange permits conditional trading resumption after compliance with regulatory requirements and SEBI stipulations. Grant of renewal of recognition to Ludhiana Stock Exchange Limited under the Securities Contracts (Regulation) Act, 1956 for one year from 28 April 2012 to 27 April 2013 in respect of contracts in securities, subject to conditions: the Exchange may commence trading only after complying with all regulatory requirements imposed by SEBI and must comply with any further conditions SEBI may stipulate.
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.
Renewal of recognition for a stock exchange permits conditional trading resumption after compliance with regulatory requirements and SEBI stipulations.
Grant of renewal of recognition to Ludhiana Stock Exchange Limited under the Securities Contracts (Regulation) Act, 1956 for one year from 28 April 2012 to 27 April 2013 in respect of contracts in securities, subject to conditions: the Exchange may commence trading only after complying with all regulatory requirements imposed by SEBI and must comply with any further conditions SEBI may stipulate.
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