https://www.taxtmi.com/acts?id=36365 Definitions centralise the regulatory vocabulary for commodity forward trading by specifying contractual forms and market actors. Forward contract is a contract for delivery of goods excluding ready delivery contracts; ready delivery contract provides for immediate or short term delivery and payment but is excepted where performance occurs via transfer of title documents, cash difference realisation or other means dispensing with actual delivery. The Act distinguishes specific delivery contracts (transferable and non transferable), defines option in goods, and identifies recognised/registered associations and prescribed rules as governance mechanisms. en-us Fri, 08 Mar 2019 15:40:37 +0530 Fri, 08 Mar 2019 15:40:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=36365 Definitions centralise the regulatory vocabulary for commodity forward trading by specifying contractual forms and market actors. Forward contract is a contract for delivery of goods excluding ready delivery contracts; ready delivery contract provides for immediate or short term delivery and payment but is excepted where performance occurs via transfer of title documents, cash difference realisation or other means dispensing with actual delivery. The Act distinguishes specific delivery contracts (transferable and non transferable), defines option in goods, and identifies recognised/registered associations and prescribed rules as governance mechanisms. Act-Rules Indian Laws Fri, 08 Mar 2019 15:40:37 +0530 https://www.taxtmi.com/acts?id=36365