Renewal of recognition subject to compliance with inspection report suggestions before resuming trading by the exchange. The Securities Contracts (Regulation) Act recognition is renewed under section 4 for a fixed one year term and applies to contracts in securities subject to the stated conditions and any further requirements. The Exchange must not commence trading until it has complied with the suggestions set out in the SEBI inspection report communicated to the Exchange by letter.
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 subject to compliance with inspection report suggestions before resuming trading by the exchange.
The Securities Contracts (Regulation) Act recognition is renewed under section 4 for a fixed one year term and applies to contracts in securities subject to the stated conditions and any further requirements. The Exchange must not commence trading until it has complied with the suggestions set out in the SEBI inspection report communicated to the Exchange by letter.
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