Renewal of recognition granted to OTC Exchange of India under securities law for limited period of regulated operations. The Securities and Exchange Board of India exercised its statutory power to renew recognition of OTC Exchange of India, authorising it to deal in contracts in securities for a limited, time bound period, having been satisfied that renewal served the interests of trade and the public; the renewal is subject to conditions that may be prescribed or imposed during the renewed recognition period.
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Provisions expressly mentioned in the judgment/order text.
Renewal of recognition granted to OTC Exchange of India under securities law for limited period of regulated operations.
The Securities and Exchange Board of India exercised its statutory power to renew recognition of OTC Exchange of India, authorising it to deal in contracts in securities for a limited, time bound period, having been satisfied that renewal served the interests of trade and the public; the renewal is subject to conditions that may be prescribed or imposed during the renewed recognition period.
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