Renewal of recognition granted to stock exchange under Securities Contracts (Regulation) Act for a fixed regulatory term. Renewal of recognition is granted to the Inter Connected Stock Exchange of India Ltd. under the Securities Contracts (Regulation) Act, 1956, following an application under Section 3 and exercise of powers under Section 4. Recognition is renewed for a specified three year term authorising contracts in securities, subject to conditions that may be prescribed or imposed subsequently, and reflecting regulatory oversight tied to public and trade interest.
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Provisions expressly mentioned in the judgment/order text.
Renewal of recognition granted to stock exchange under Securities Contracts (Regulation) Act for a fixed regulatory term.
Renewal of recognition is granted to the Inter Connected Stock Exchange of India Ltd. under the Securities Contracts (Regulation) Act, 1956, following an application under Section 3 and exercise of powers under Section 4. Recognition is renewed for a specified three year term authorising contracts in securities, subject to conditions that may be prescribed or imposed subsequently, and reflecting regulatory oversight tied to public and trade interest.
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