Listing requirements extend to corporates constituted by statute, with public notice and consultation before finalisation. The draft amends the Securities Contracts (Regulation) Rules, 1957 by adding that listing requirements prescribed by those rules shall, so far as applicable, also apply to bodies corporate constituted by an Act of Parliament or any State legislature. The amendment will be titled the Securities Contracts (Regulation) Amendment Rules, 1994 and will take effect upon final publication in the Official Gazette. The draft is published with a forty-five day period for objections and suggestions to be sent to the Secretary, Department of Economic Affairs for consideration by the Central Government.
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Listing requirements extend to corporates constituted by statute, with public notice and consultation before finalisation.
The draft amends the Securities Contracts (Regulation) Rules, 1957 by adding that listing requirements prescribed by those rules shall, so far as applicable, also apply to bodies corporate constituted by an Act of Parliament or any State legislature. The amendment will be titled the Securities Contracts (Regulation) Amendment Rules, 1994 and will take effect upon final publication in the Official Gazette. The draft is published with a forty-five day period for objections and suggestions to be sent to the Secretary, Department of Economic Affairs for consideration by the Central Government.
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