Central Government declares a contract for the purchase or sale of a right to buy or sell or a right to buy and sell in future, such underlying goods, as notified vide number S.O. 3068(E), dated the 27th September, 2016 - S.O.3743(E) - Indian Law
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Derivative classification: contracts granting future rights to buy or sell underlying goods deemed derivatives under securities law. Central Government declares that contracts granting a right to buy, a right to sell, or a right to buy and sell in future in respect of specified underlying goods are to be treated as derivatives under the Securities Contracts (Regulation) Act, 1956, issued under sub clause (D) of clause (ac) of section 2 by notification S.O.3743(E), referencing S.O.3068(E).
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.
Derivative classification: contracts granting future rights to buy or sell underlying goods deemed derivatives under securities law.
Central Government declares that contracts granting a right to buy, a right to sell, or a right to buy and sell in future in respect of specified underlying goods are to be treated as derivatives under the Securities Contracts (Regulation) Act, 1956, issued under sub clause (D) of clause (ac) of section 2 by notification S.O.3743(E), referencing S.O.3068(E).
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