Renewal of recognition granted to a stock exchange for a limited period subject to prescribed regulatory conditions and public interest criteria. The regulator renews recognition of a stock exchange for a one year term after considering an application under the Securities Contracts (Regulation) Act, finding renewal in the interest of trade and the public, and makes the renewal subject to any regulatory conditions that may be prescribed or imposed subsequently.
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 granted to a stock exchange for a limited period subject to prescribed regulatory conditions and public interest criteria.
The regulator renews recognition of a stock exchange for a one year term after considering an application under the Securities Contracts (Regulation) Act, finding renewal in the interest of trade and the public, and makes the renewal subject to any regulatory conditions that may be prescribed or imposed subsequently.
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