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Clarification regarding admission of Limited Liability Partnerships as members of Stock Exchanges

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Full Text of the Document

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....ck exchanges to permit Limited Liability Partnerships (LLPs) to be admitted as members of stock exchanges so as to enable them to get registration as stock broker under SEBI (Stock brokers and Sub-brokers) Regulations, 1992. 2. Securities Contract Regulation Rules, 1957 (SCRR) do not explicitly mention LLPs as the Limited Liability Partnership Act, 2008 was a subsequent development. As per the LL....

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