Renewal of recognition conditioned on SEBI's final approval for a Settlement or Trade Guarantee Fund before trading begins. Renewal of recognition to Bhubaneswar Stock Exchange is granted under the Securities Contracts (Regulation) Act for one year commencing 5 June 2003 and ending 4 June 2004 in respect of contracts in securities, subject to the condition that the Exchange shall commence trading only after obtaining SEBI's final approval for establishment of a Settlement Guarantee Fund or Trade 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 conditioned on SEBI's final approval for a Settlement or Trade Guarantee Fund before trading begins.
Renewal of recognition to Bhubaneswar Stock Exchange is granted under the Securities Contracts (Regulation) Act for one year commencing 5 June 2003 and ending 4 June 2004 in respect of contracts in securities, subject to the condition that the Exchange shall commence trading only after obtaining SEBI's final approval for establishment of a Settlement Guarantee Fund or Trade Guarantee Fund.
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