The Provisions that have a bearing relating to
Securities market are as follows:
\u2022The different kinds of share capital that the company can raise and
relating provisions. The provisions and restrictions relating to
\u2022To issue securities, how the company has to make application to a
recognized stock exchange for seeking permission to get listed.
\u2022Time limits are set to issue share certificates and debentures. Law
relating to transfer and transmission of shares.
\u2022It prescribes the procedure and conditions for raising capital like
public issue, right issue, bonus issue, shares at premium, shares at
discount, redeeming of shares etc..
\u2022The provisions stated in the Act are to be followed strictly and in
case of non-compliance, it will lead to penal consequences.