Renewal of recognition to stock exchange conditioned on final approval of settlement guarantee fund before trading commences. Renewal of recognition is granted to The Gauhati Stock Exchange Limited under the Securities Contracts (Regulation) Act for a specified one year period in respect of contracts in securities, subject to conditions. The Exchange may commence trading only after obtaining final regulatory approval for the establishment of its Settlement Guarantee Fund/Trade Guarantee Fund; additional prescribed or subsequently imposed conditions also apply.
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 to stock exchange conditioned on final approval of settlement guarantee fund before trading commences.
Renewal of recognition is granted to The Gauhati Stock Exchange Limited under the Securities Contracts (Regulation) Act for a specified one year period in respect of contracts in securities, subject to conditions. The Exchange may commence trading only after obtaining final regulatory approval for the establishment of its Settlement Guarantee Fund/Trade Guarantee Fund; additional prescribed or subsequently imposed conditions also apply.
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