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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>SEBI Renews MCX Stock Exchange Recognition for One Year; Compliance with Public Shareholding Rules Required.</h1> The Securities and Exchange Board of India (SEBI) has renewed the recognition of MCX Stock Exchange Limited, Mumbai, under the Securities Contracts (Regulation) Act, 1956. This renewal is valid from September 16, 2009, to September 15, 2010. The Exchange must comply with the Securities Contracts (Regulation) Regulations, 2006, within this period, ensuring public shareholding requirements are met. Trading is restricted to previously permitted securities, and no new contracts can be introduced until compliance is achieved. The Exchange must also adhere to any additional conditions set by SEBI.
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