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    The stock exchange in india have to be recognised by the central government under SCRA and SEBI. They have to comply with the provisions of the central government and also the bye laws and regulations duly approved by government. The grant of recognition must be in interest of trade as well as in the public interest.

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    The stock exchange in india have to be recognised by the central government under SCRA and SEBI. They have to comply with the provisions of the central government and also the bye laws and regulations duly approved by government. The grant of recognition must be in interest of trade as well as in the public interest.

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    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
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    3 views6 pages

    Secondery Markets

    Uploaded by

    veenavas15
    The stock exchange in india have to be recognised by the central government under SCRA and SEBI. They have to comply with the provisions of the central government and also the bye laws and regulations duly approved by government. The grant of recognition must be in interest of trade as well as in the public interest.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 6

    Control over secondary market

    ‡ Recognition of stock exchanges ‡ Listing of securities ‡ Registration of brokers

    Recognition of stock exchange


    ‡ The stock exchange in india have to be recognised by the central government under SCRA and SEBI and they have to comply with the provisions of SCRA and SEBI and also the bye laws and regulations duly approved by government.

    Application
    ‡ A copy of the bye laws of the stock exchange for its operation. ‡ A copy of the rules relating to its constitution ,governing body,powers and duties of the office bearers,the admission procedure etc.

    Grant of recognition
    ‡ Conditions ‡ The rules and bye-laws of the stock exchange for registration must ensure fair dealing and protect the interest of investors. ‡ Comply with any other conditions that may be imposed by government time to time. ‡ The grant of recognition must be in interest of trade as well as in the public interest.

    ‡ Renewal of recognition ‡ Withdrawal of recognition.

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