Renewal of recognition to a regional stock exchange conditioned on suspension of regulatory functions and Settlement Guarantee Fund approval. Renewal of recognition to Magadh Stock Exchange Association, Patna, for one year beginning 11 December 2005 is granted under the Securities Contracts (Regulation) Act subject to conditions: the Exchange shall not regulate or control dealings in securities until further directions under SEBI's separate order, and shall commence trading only after obtaining SEBI's final approval for establishment of a Settlement Guarantee Fund.
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 a regional stock exchange conditioned on suspension of regulatory functions and Settlement Guarantee Fund approval.
Renewal of recognition to Magadh Stock Exchange Association, Patna, for one year beginning 11 December 2005 is granted under the Securities Contracts (Regulation) Act subject to conditions: the Exchange shall not regulate or control dealings in securities until further directions under SEBI's separate order, and shall commence trading only after obtaining SEBI's final approval for establishment of a Settlement Guarantee Fund.
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