The government declares that contracts for buying or selling future goods, specified under the Securities Contracts (Regulation) Act, 1956, are considered derivatives under the law. - Supersession Notification No. S.O. 3743(E), dated the 18th October, 2019 - S.O. 1003(E) - SEBI
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Derivative designation: contracts granting rights to buy or sell future goods now treated as derivatives under securities law. The notification declares that contracts granting a right to buy or sell, or a right to both buy and sell in the future in respect of notified underlying goods, are to be treated as derivatives under the Securities Contracts (Regulation) Act, 1956, invoking the Act's definition-making power and bringing such contracts within the regulatory framework applicable to derivative instruments.
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 designation: contracts granting rights to buy or sell future goods now treated as derivatives under securities law.
The notification declares that contracts granting a right to buy or sell, or a right to both buy and sell in the future in respect of notified underlying goods, are to be treated as derivatives under the Securities Contracts (Regulation) Act, 1956, invoking the Act's definition-making power and bringing such contracts within the regulatory framework applicable to derivative instruments.
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