Renewal of recognition to a stock exchange conditioned on approval of a settlement or trade guarantee fund before trading. Grant of renewal of recognition to Bhubaneswar Stock Exchange under the Securities Contracts (Regulation) Act, 1956 for one year from 5 June 2005 to 4 June 2006, subject to the condition that the Exchange shall commence trading only after obtaining final approval for establishment of a Settlement Guarantee Fund or Trade Guarantee Fund.
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Provisions expressly mentioned in the judgment/order text.
Renewal of recognition to a stock exchange conditioned on approval of a settlement or trade guarantee fund before trading.
Grant of renewal of recognition to Bhubaneswar Stock Exchange under the Securities Contracts (Regulation) Act, 1956 for one year from 5 June 2005 to 4 June 2006, subject to the condition that the Exchange shall commence trading only after obtaining final approval for establishment of a Settlement Guarantee Fund or Trade Guarantee Fund.
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