Securities Law - 2. page

SECURITIES CONTRACTS (REGULATION) RULES, 1957 : These rules were made by the Central Government in exercise of the powers conferred by Section 30 of the Securities Contracts (Regulation) Act, 1956 […]

Corporate Membership : Sub-rule 4 provides that a company as defined in the Companies Act, 2013, shall be eligible to be elected as a member of a stock exchange if […]

Regulation of transaction in the stock exchange : All contracts between the members of a recognised stock exchange shall be confirmed in writing and shall be enforced in accordance with […]

Listing of Securities : As per the provisions of the Regulations, a recognized stock exchange can apply for the listing of its securities on any recognized stock exchange other than […]

Definition Of SECURITIES CONTRACTS (REGULATION) RULES : “Public” means persons other than – (i) the promoter and promoter group; (ii) subsidiaries and associates of the company. Explanation : Here “promoter” […]

Application for recognition : Under rules 3, it is laid down that an application under section 3 of the SCRA for recognition of a stock exchange shall be made to […]

Form of Recognition : Rule 6 provides that the recognition granted to a stock exchange shall be in Form B and subject to the following conditions, namely – (a) that […]

Qualification prescribed for Membership of a recognised Stock Exchange : Rule 8 contains detailed provisions on this subject and they are as follows: No person shall be liable to be […]

Recognition of Stock Exchanges and Clearing Corporations : As per the provisions of these Regulations, all Stock Exchanges and Clearing Corporations are required to apply for recognition by the SEBI. […]

Networth Requirements : Recognised Stock Exchanges and Clearing Corporations are required to maintain minimum net worth requirements of Rs. 100 crores at all times. The existing recognized Stock Exchanges and […]