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Prior approval for re-commencing trading on the Stock Exchange

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Full Text of the Document

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....-commencing trading on the Stock Exchange. 1. A stock exchange in India is recognized by the Central Government / SEBI under section 4 of Securities Contracts (Regulation) Act, 1956 for the purpose of assisting, regulating or controlling the business of buying, selling or dealing in securities, after it is satisfied that it would be in the interest of the trade and also in the public interest to ....

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Full Text of the Document

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.... trading activity without basic infrastructure may not be in the interest of investors / trade. 4. In light of the above, the stock exchanges that have no trading for a period of six months or more shall resume trading only after ensuring that adequate and effective trading systems, clearing and settlement systems, monitoring and surveillance mechanisms, risk management systems are in place and h....

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