Home India Securities and Exchange Board of India The Securities and Exchange Board of India having considered...
Date: 2016-09-30 Category: Extra Ordinary State: Union Government Country: India

The Securities and Exchange Board of India having considered the application for grant of renewal of recognition

Issued by Securities and Exchange Board of India · Not Applicable

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Executive Summary & Key Takeaways

This notification, SEBI/LAD-NRO/GN/2016-17/014, issued by the Securities and Exchange Board of India (SEBI) on September 30, 2016, announces the renewal of recognition for Indian Clearing Corporation Limited under Regulation 12 of the Securities Contracts (Regulation) Stock Exchanges and Clearing Corporations Regulations, 2012. Exercising powers conferred by section 4 read with subsection 4 of section 8A of the Securities Contracts Regulation Act, 1956, SEBI grants recognition for a period of one year, commencing on October 3, 2016, and ending on October 2, 2017. This recognition is subject to conditions specified by SEBI from time to time. The Indian Clearing Corporation Limited is located at Floor 25, P J Towers, Dalal Street, Mumbai 400001. The notification is issued by R K Agarwal, Whole Time Member, SEBI.

Key Entities Referenced

Securities and Exchange Board of India: Regulatory body for securities market in India, also known as SEBI. Mumbai, Maharashtra: Financial capital of India, location where the notification was issued. Securities Contracts Regulation Stock Exchanges and Clearing Corporations Regulations, 2012: Regulations under which the renewal of recognition was granted. Indian Clearing Corporation Limited: Clearing corporation that was granted renewal of recognition. P J Towers, Dalal Street, Mumbai 400001: Address of the Indian Clearing Corporation Limited. Securities Contracts Regulation Act, 1956: Act under which the powers were conferred to grant recognition. R K AGARWAL: Whole Time Member of SEBI. Mayapuri, New Delhi: Location of the Dte. of Printing at Government of India Press.
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