Renewal of recognition conditioned on operationalisation of Settlement Guarantee Fund/Trade Guarantee Fund before trading commences. Renewal of recognition to the Cochin Stock Exchange Limited is granted for one year in respect of contracts in securities, on the basis that renewal is in the interest of trade and the public. The Exchange shall commence trading only after operationalisation of the Settlement Guarantee Fund/Trade Guarantee Fund duly approved by the regulator, and recognition remains subject to stated or subsequently prescribed conditions.
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 conditioned on operationalisation of Settlement Guarantee Fund/Trade Guarantee Fund before trading commences.
Renewal of recognition to the Cochin Stock Exchange Limited is granted for one year in respect of contracts in securities, on the basis that renewal is in the interest of trade and the public. The Exchange shall commence trading only after operationalisation of the Settlement Guarantee Fund/Trade Guarantee Fund duly approved by the regulator, and recognition remains subject to stated or subsequently prescribed conditions.
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