Renewal of recognition conditioned on fixing the screen trading system, creating a settlement guarantee fund and regulator approval. Renewal of recognition under Section 4 of the Securities Contracts (Regulation) Act is granted to Guwahati Stock Exchange Limited subject to conditions: immediate rectification and functioning of its screen based trading system; prompt establishment of a Settlement Guarantee Fund; and commencement of trading only after complying with these conditions and receiving further approval from the regulator.
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 fixing the screen trading system, creating a settlement guarantee fund and regulator approval.
Renewal of recognition under Section 4 of the Securities Contracts (Regulation) Act is granted to Guwahati Stock Exchange Limited subject to conditions: immediate rectification and functioning of its screen based trading system; prompt establishment of a Settlement Guarantee Fund; and commencement of trading only after complying with these conditions and receiving further approval from the regulator.
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