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Date: 2020-09-25 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 under Regulation

Issued by Securities and Exchange Board of India · Not Applicable

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**Summary:** This notification from the Securities and Exchange Board of India (SEBI) announces the renewal of recognition for the Indian Clearing Corporation Limited (ICCL) under Regulation 12 of the Securities Contracts Regulation (Stock Exchanges and Clearing Corporations) Regulations, 2018. SEBI, having considered ICCL's application and deeming it in the interest of trade, the securities market, and the public, grants this renewal in accordance with Section 4 read with subsection 4 of Section 8A of the Securities Contracts Regulation Act, 1956. The recognition is valid for three years, commencing on October 3, 2020, and ending on October 2, 2023. The ICCL is located at Floor 25, P J Towers, Dalal Street, Mumbai 400001. The renewal is subject to the conditions specified by SEBI from time to time. The notification number is SEBI/LAD-NRO/GN/2020/28 and was issued on September 25, 2020. Santosh Kumar Mohanty, Whole Time Member, SEBI, is the signatory.

Key Entities Referenced

Securities and Exchange Board of India: Regulatory body that considered the application for grant of renewal of recognition. Securities Contracts Regulation Stock Exchanges and Clearing Corporations Regulations, 2018: Regulations under which the application for renewal of recognition was made. Indian Clearing Corporation Limited: The clearing corporation that applied for renewal of recognition. P J Towers, Dalal Street, Mumbai, Maharashtra: Address of Indian Clearing Corporation Limited. Securities Contracts Regulation Act, 1956: Act that confers powers to SEBI for recognition of clearing corporations. SEBI: Short name for Securities and Exchange Board of India New Delhi: Location of Government of India Press. Mumbai, Maharashtra: Location where the Securities and Exchange Board of India notification was issued.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-25092020-221993 xxxGIDHxxx CG-DL-E-25092020-221993 xxxGIDExxx असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 396] नई कदल्ली, ि क्रिार, जसतम्ब र 25, 2020/आज‍ि न 3, 1942 No. 396] NEW DELHI, FRIDAY, SEPTEMBER 25, 2020/ASVINA 3, 1942 भारतीय प्रजतभजू त और जिजनमय बोडड अजधसचू ना म ंबई, 25 जसतम्बर, 2020 स.ं सेबी/एल.ए.डी.-एन.आर.ओ./िी.एन./2020/28.—भारतीय प्रजतभूजत और जिजनमय बोडड, इंजडयन क्लीयररग कारपोरेिन जलजमटेड, 25िीं मंज़िल, पी.ि.े टॉिसड, दलाल स्ट्रीट, म ंबई – 400001, द्वारा प्रजतभूजत संजिदा (जिजनयमन) (स्ट्टॉक एक्सचेंि और समािोधन जनगम) जिजनयम, 2018 के जिजनयम 12 के अधीन मान्यता का निीकरण प्रदान करन े के आिेदन पर जिचार करत े हुए और यह समाधान हो िाने पर कक यह व्यापार के जहत म ें होगा, प्रजतभूजत बािार के जहत म ें होगा और ऐसा करना लोक जहत म ें भी होगा, एतद्द्वारा, प्रजतभजू त संजिदा (जिजनयमन) अजधजनयम, 1956 की धारा 8क की उप-धारा (4) के साथ पठित धारा 4 द्वारा प्रदत्त िजियों का प्रयोग करत े हुए, उि समािोधन जनगम को मान्यता 3 अक् तूबर, 2020 को प्रारंभ होने िाल े और 2 अक् तूबर, 2023 को समाप्त होने िाले तीन िर्ड के जलए, इसम ें नीच े कजथत ितों अथिा िो इसके पश्चात ्जिजहत या अजधरोजपत की िाए ँ के अध्यधीन, प्रदान करता ह:ै  समािोधन जनगम भारतीय प्रजतभूजत और जिजनमय बोडड द्वारा समय-समय पर जिजनर्ददष्ट ितों का अन पालन करेगा । संतोर् क मार मोहान्ती, पूणडकाजलक सदस्ट्य [जिज्ञापन-III/4/असा./253/2020-21] 4519 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/2020/28.—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 Indian Clearing Corporation Limited, Floor 25, P J Towers, Dalal Street, Mumbai - 400001 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 three years commencing on the 3rd day of October, 2020 and ending on the 2nd day of October, 2023 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/253/2020-21] Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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