Amendment in Notification No. S.O. 2192(E) dated 8th January, 2010 - To prevent undesirable speculation in securities in the whole of India - FMRD.DIRD.14/14.03.042/2024-25 - SEBI
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Regulation of securities contracts narrows permitted derivatives to government, gold-related and money-market securities, excluding non-permitted trades. The amendment substitutes sub clause (1) to specify that contracts for sale or purchase of Government Securities, gold related securities and money market securities are covered, except for spot delivery contracts, contracts traded on a recognised stock exchange permitted by its rules and bye laws, and any other contracts specifically permitted by the Reserve Bank of India; the amendment takes effect upon publication in the Official Gazette.
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.
Regulation of securities contracts narrows permitted derivatives to government, gold-related and money-market securities, excluding non-permitted trades.
The amendment substitutes sub clause (1) to specify that contracts for sale or purchase of Government Securities, gold related securities and money market securities are covered, except for spot delivery contracts, contracts traded on a recognised stock exchange permitted by its rules and bye laws, and any other contracts specifically permitted by the Reserve Bank of India; the amendment takes effect upon publication in the Official Gazette.
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