## Policy Summary: Renewal of Recognition for Metropolitan Clearing Corporation of India Limited
This notification, issued by the Securities and Exchange Board of India (SEBI) on September 25, 2020, announces the renewal of recognition for Metropolitan Clearing Corporation of India Limited (MCCIL) under Regulation 12 of the Securities Contracts Regulation (Stock Exchanges and Clearing Corporations) Regulations, 2018.
Based on its assessment of the application and its determination that renewal is in the interest of trade, the securities market, and the public, SEBI grants MCCIL recognition for a period of one year, commencing on October 3, 2020, and ending on October 2, 2021. This authorization is granted under Section 4 read with subsection 4 of Section 8A of the Securities Contracts Regulation Act, 1956.
The renewal is subject to MCCIL's compliance with conditions specified by SEBI, both present and future.
MCCIL's registered office is located at Vibgyor Towers, 4th Floor, Plot No. C 62, G Block, Bandra Kurla Complex, Bandra East, Mumbai 400098.
The notification was issued by Santosh Kumar Mohanty, Whole Time Member, SEBI.
Key Entities Referenced
Securities and Exchange Board of India: Regulatory body that considered the application for grant of renewal of recognition.
Securities Contracts Regulation Act, 1956: Act under which the Securities and Exchange Board of India exercises its powers.
Metropolitan Clearing Corporation of India Limited: Clearing corporation that applied for renewal of recognition.
Mumbai, Maharashtra: City in Maharashtra where the office of Metropolitan Clearing Corporation of India Limited is located.
Securities Contracts Regulation Stock Exchanges and Clearing Corporations Regulations, 2018: Regulations under which the application for grant of renewal of recognition was made.
New Delhi, Delhi: City in Delhi where the document was uploaded by Dte. of Printing.
Santosh Kumar Mohanty: Whole Time Member of Securities and Exchange Board of India
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-एम.एच.-अ.-25092020-221994
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असाधारण
EXTRAORDINARY
भाग III—खण् ड 4
PART III—Section 4
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 394] िई कदल्ली, ि क्रिार, जसतम्ब र 25, 2020/आजि ि 3, 1942
No. 394] NEW DELHI, FRIDAY, SEPTEMBER 25, 2020/ASVINA 3, 1942
भारतीय प्रजतभजू त और जिजिमय बोडड
अजधसचू िा
म ंबई, 25 जसतम्बर, 2020
स.ं सेबी/एल.ए.डी.-एि.आर.ओ./िी.एि./2020/30.—भारतीय प्रजतभूजत और जिजिमय बोडड, मेरोपोजलटि
क्लीयररंग कारपोरेिि ऑफ इंजडया जलजमटेड, चौथी मंज़िल, जिबग्योर टॉिर, प्लॉट स.ं सी 62, "िी" ब्लॉक, बांद्रा क ला ड
कॉम्प्लेक्स, बांद्रा (पूिड), म ंबई - 400098, द्वारा प्रजतभूजत संजिदा (जिजियमि) (स्ट्टॉक एक्सचेंि और समािोधि जिगम)
जिजियम, 2018 के जिजियम 12 के अधीि मान्यता का ििीकरण प्रदाि करिे के आिेदि पर जिचार करते हुए और यह
समाधाि हो िािे पर कक यह व्यापार के जहत म ें होगा, प्रजतभूजत बािार के जहत म ें होगा और ऐसा करिा लोकजहत म ें भी
होगा, एतद्द्वारा, प्रजतभूजत संजिदा (जिजियमि) अजधजियम, 1956 की धारा 8क की उप-धारा (4) के साथ पठित धारा 4
द्वारा प्रदत्त िजियों का प्रयोग करत े हुए, उि समािोधि जिगम को मान्यता 3 अक् तूबर, 2020 को प्रारंभ होिे िाले और
2 अक् तूबर, 2021 को समाप्त होिे िाले एक िर्ड के जलए, इसम ें िीच े कजथत ितों अथिा िो इसके पश्चात ् जिजहत या
अजधरोजपत की िाएँ के अध्यधीि, प्रदाि करता ह:ै
समािोधि जिगम भारतीय प्रजतभूजत और जिजिमय बोडड द्वारा समय-समय पर जिजिर्दष्टड ितों का अि पालि
करेगा ।
संतोर् क मार मोहान्ती, पूणडकाजलक सदस्ट्य
[जिज्ञापि- III/4/असा./255/2020-21]
4517 GI/2020 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC. 4]
SECURITIES AND EXCHANGE BOARD OF INDIA
NOTIFICATION
Mumbai, the 25th September, 2020
No. SEBI/LAD-NRO/GN/2020/30.—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, 2018 by Metropolitan
Clearing Corporation of India Limited, Vibgyor Towers, 4th Floor, Plot No. C 62, G Block, Bandra Kurla
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
3rd day of October, 2020 and ending on the 2nd day of October, 2021 subject to the conditions stated herein
below or as may be prescribed or imposed hereafter:
The Clearing Corporation shall comply with conditions specified by SEBI from time to time.
SANTOSH KUMAR MOHANTY, Whole time Member
[ADVT.-III/4/Exty./255/2020-21]
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