Renewal of recognition granted subject to settlement guarantee fund approval and member base minimum capital compliance. Renewal of recognition is granted to Coimbatore Stock Exchange Ltd. under the Securities Contracts (Regulation) Act, 1956 for a one-year period commencing 18th September, subject to conditions: final approval for a Settlement Guarantee Fund/Trade Guarantee Fund before commencing trading; maintenance by every member of adequate Base Minimum Capital free from encumbrance prior to trading; and compliance with recommendations in the SEBI inspection report.
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 subject to settlement guarantee fund approval and member base minimum capital compliance.
Renewal of recognition is granted to Coimbatore Stock Exchange Ltd. under the Securities Contracts (Regulation) Act, 1956 for a one-year period commencing 18th September, subject to conditions: final approval for a Settlement Guarantee Fund/Trade Guarantee Fund before commencing trading; maintenance by every member of adequate Base Minimum Capital free from encumbrance prior to trading; and compliance with recommendations in the SEBI inspection report.
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