Renewal of recognition for a regional stock exchange subject to settlement guarantee fund approval and inspection compliance. SEBI grants renewal of recognition to Jaipur Stock Exchange Ltd. under the Securities Contracts (Regulation) Act, 1956 for one year from 9 January 2004 to 8 January 2005, subject to conditions: the Exchange shall commence trading only after obtaining SEBI's final approval for a Settlement Guarantee Fund/Trade Guarantee Fund, and shall comply with the suggestions of the SEBI inspection report communicated to the Exchange.
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 for a regional stock exchange subject to settlement guarantee fund approval and inspection compliance.
SEBI grants renewal of recognition to Jaipur Stock Exchange Ltd. under the Securities Contracts (Regulation) Act, 1956 for one year from 9 January 2004 to 8 January 2005, subject to conditions: the Exchange shall commence trading only after obtaining SEBI's final approval for a Settlement Guarantee Fund/Trade Guarantee Fund, and shall comply with the suggestions of the SEBI inspection report communicated to the Exchange.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.