https://www.taxtmi.com/acts?id=32878 Authorises a recognised stock exchange, with prior SEBI approval, to transfer clearing house duties to a clearing corporation (a company) for settlement of contracts, delivery and payment of securities and related matters. The clearing corporation must make bye laws and submit them to SEBI for approval; SEBI may approve the bye laws and transfer if satisfied it serves trade and public interest. Sections 4-12 shall, as far as may be, apply to the clearing corporation as they apply to a recognised stock exchange. en-us Thu, 22 Nov 2018 15:59:16 +0530 Thu, 22 Nov 2018 15:59:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=32878 Authorises a recognised stock exchange, with prior SEBI approval, to transfer clearing house duties to a clearing corporation (a company) for settlement of contracts, delivery and payment of securities and related matters. The clearing corporation must make bye laws and submit them to SEBI for approval; SEBI may approve the bye laws and transfer if satisfied it serves trade and public interest. Sections 4-12 shall, as far as may be, apply to the clearing corporation as they apply to a recognised stock exchange. Act-Rules SEBI Thu, 22 Nov 2018 15:59:16 +0530 https://www.taxtmi.com/acts?id=32878