Recognition renewal under Securities Contracts (Regulation) Act grants clearing corporation authorised operation subject to SEBI compliance. Grant of recognition renewal to Metropolitan Clearing Corporation of India Limited under Regulation 12 of the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018 is authorised under section 4 read with sub section (4) of section 8A of the Securities Contracts (Regulation) Act, 1956 for a one year term, subject to conditions specified by SEBI and any additional conditions SEBI may prescribe or impose.
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Recognition renewal under Securities Contracts (Regulation) Act grants clearing corporation authorised operation subject to SEBI compliance.
Grant of recognition renewal to Metropolitan Clearing Corporation of India Limited under Regulation 12 of the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018 is authorised under section 4 read with sub section (4) of section 8A of the Securities Contracts (Regulation) Act, 1956 for a one year term, subject to conditions specified by SEBI and any additional conditions SEBI may prescribe or impose.
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