SECURITIES CONTRACTS (REGULATION) RULES, 1957
1. Short title.-
These rules may be called the Securities Contracts(Regulation) Rules, 1957.
In these rules, unless the context otherwise requires -
means a form appended to these rules;
(b) "the Act"
means the Securities Contracts (Regulation) Act, 1956 (42 of1956);
(c) "government company"
means a company in which not less than fifty-one percent of the share capital is held by the Central Government or by anyState Government or Governments or partly by the Central Government andpartly by one or more State Governments.
3. Application for recognition.-
An application under section 3 of the Actfor recognition of a stock exchange shall be made to the Central Governmentin
4. Fees for application.-
(1) There shall be paid in respect of everyapplication under rule (3) a fee of rupees five hundred.(2) The amount of the fee shall be deposited in the nearest governmenttreasury or the nearest branch of the State Bank of India;
at Bombay, Calcutta, Madras, Delhi and Kanpur, the amountshall be deposited in the Reserve Bank of India.(3) The amount of the fee so deposited shall be credited to the receipt head"XLVI-Miscellaneous-other fees, fines and forfeitures".