This notification, issued by the Securities and Exchange Board of India (SEBI) on September 30, 2016, grants a one-year renewal of recognition to Metropolitan Clearing Corporation of India Limited. The renewal is effective from October 3, 2016, to October 2, 2017. This decision follows a review of the corporation's application under Regulation 12 of the Securities Contracts Regulation (Stock Exchanges and Clearing Corporations) Regulations, 2012. SEBI has determined that granting the renewal is in the interest of trade, the securities market, and the public. The recognition is subject to the conditions specified by SEBI, which the Clearing Corporation must comply with. The corporation is located at Vibgyor Towers, 4th Floor, Plot No. C 62, G Block, Opposite Trident Hotel, Bandra-Kurla Complex, Bandra East, Mumbai 400098. The decision is made in exercise of the powers conferred by section 4 read with subsection 4 of section 8A of the Securities Contracts Regulation Act, 1956.
Key Entities Referenced
Securities and Exchange Board of India: Regulatory body responsible for securities market regulation in India.
Securities Contracts Regulation Stock Exchanges and Clearing Corporations Regulations, 2012: Regulations governing stock exchanges and clearing corporations.
Metropolitan Clearing Corporation of India Limited: Clearing corporation seeking renewal of recognition.
Mumbai, Maharashtra: City in India, where the notification was issued and the location of Metropolitan Clearing Corporation of India Limited.
Securities Contracts Regulation Act, 1956: Act under which the powers are conferred for granting recognition to the clearing corporation.
SEBI: An acronym for Securities and Exchange Board of India
Bandra Kurla Complex: A business and residential district in Mumbai
R K AGARWAL: Whole Time Member of SEBI
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EXTRAORDINARY
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PART III—Section 4
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PUBLISHED BY AUTHORITY
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No. 363] NEW DELHI, FRIDAY, SEPTEMBER 30, 2016/ASVINA 8, 1938
भारतीय (cid:7079)ितभिू त और िविनमय बोड (cid:6981)
अिधसचू ना
मु(cid:7013)बई, 30 िसत(cid:7013)बर, 2016
सबे ी/ एल. ए. डी. - एन.आर. ओ./ जी. एन./ 2016-17/ 015.—भारतीय (cid:7079)ितभूित और िविनमय बोड(cid:6981),
मे(cid:7069)ोपोिलटन (cid:6989)लीय(cid:7411)रग कारपोरेशन ऑफ इंिडया िलिमटेड, चौथी मंिज़ल, िवब(cid:6991)योर टॉवर, (cid:7009)लॉट स.ं सी 62, "जी"
(cid:7011)लॉक, बां(cid:7076)ा कुला (cid:6981) कॉ(cid:7013)(cid:7009)ले(cid:6989)स (बीकेसी), बां(cid:7076)ा (पूव(cid:6981)), मुंबई - 400 098, (cid:7367)ारा (cid:7079)ितभूित संिवदा (िविनयमन) ((cid:7021)टॉक
ए(cid:6989)सच(cid:7286)ज और समाशोधन िनगम) िविनयम, 2012 के िविनयम 12 के अधीन मा(cid:7008)यता का नवीकरण (cid:7079)दान करन े के
आवेदन पर िवचार करत े (cid:7263)ए और यह समाधान हो जाने पर (cid:7408)क यह (cid:7390)ापार के िहत म(cid:7286) होगा, (cid:7079)ितभूित बाजार के
िहत म(cid:7286) होगा और ऐसा करना लोक िहत म(cid:7286) भी होगा, एत(cid:7375)ारा, (cid:7079)ितभूित संिवदा (िविनयमन) अिधिनयम, 1956
क(cid:7409) धारा 8क क(cid:7409) उप-धारा (4) के साथ प(cid:7407)ठत धारा 4 (cid:7367)ारा (cid:7079)द(cid:7275) शि(cid:7334)य(cid:7298) का (cid:7079)योग करत े (cid:7263)ए, उ(cid:7334) समाशोधन
िनगम को मा(cid:7008)यता 3 अ(cid:7334)ूबर, 2016 को (cid:7079)ारंभ होन े वाले और 2 अ(cid:7334)ूबर, 2017 को समा(cid:7385) होन े वाले एक वष(cid:6981) के
िलए, इसम(cid:7286) नीच े किथत शत(cid:7300) अथवा जो इसके प(cid:7391)ात् िविहत या अिधरोिपत क(cid:7409) जाए ँ के अ(cid:7007)यधीन, (cid:7079)दान करता ह:ै
(cid:183) (cid:32) समाशोधन िनगम भारतीय (cid:7079)ितभूित और िविनमय बोड (cid:6981) (cid:7367)ारा समय-समय पर िविन(cid:7416)द(cid:7397) शत(cid:7300) का अनुपालन
करेगा ।
राजीव कुमार अ(cid:7061)वाल, पूण(cid:6981)कािलक सद(cid:7021)य
[foKkiu&III@4@vlk-@250(69tSM ch)]
4675 GI/2016 (1)(cid:32)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III —SEC. 4]
SECURITIES AND EXCHANGE BOARD OF INDIA
NOTIFICATION
Mumbai, the 30th September, 2016
SEBI/LAD-NRO/GN/2016-17/015.— The Securities and Exchange Board of India, having
considered the application for grant of renewal of recognition under Regulation 12 of the Securities
Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2012 by
Metropolitan Clearing Corporation of India Limited, Vibgyor Towers, 4th Floor, Plot No. C 62, G
Block, Opposite Trident Hotel, BandraKurla Complex, Bandra (East), Mumbai - 400098 and being
satisfied that it would be in the interest of the trade, in the interest of securities market and also in the
public interest so to do, hereby grants, in exercise of the powers conferred by section 4 read with
sub-section (4) of section 8A of the Securities Contracts (Regulation) Act, 1956, recognition to the
said clearing corporation for one year commencing on the 3rdday of October, 2016 and ending on the
2ndday of October, 2017 subject to the conditions stated herein below or as may be prescribed or
imposed hereafter:
(cid:183) (cid:32) The Clearing Corporation shall comply with conditions specified by SEBI from time to time.
(cid:32)
R K AGARWAL,Whole Time Member
[ADVT.III/4/Exty./250(69ZB)]
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and Published by the Controller of Publications, Delhi-110054.