MP High Court: Estranged Husband Entitled to Loss of Consortium Compensation After Wife’s Death  ||  J&K & Ladakh HC: Claims under Roshni Act Void Ab Initio, Ownership Rights Null from Inception  ||  Madras High Court Directs Expedited Trials in 216 Pending Criminal Cases Against MPs and MLAs  ||  MP High Court: Allowing Minor to Drive Without Valid License Constitutes Breach of Insurance Policy  ||  Punjab & Haryana High Court: Cyber Fraud Cases Uphold Public Trust, Cannot Be Quashed by Compromise  ||  SC: Customer-Banker Relationship Based on Mutual Trust, Postmaster’s Reinstatement Quashed  ||  Supreme Court: Company Buying Software for Efficiency and Profit Is Not a ‘Consumer’ under CPA  ||  SC: Long Custody or Trial Delay Not Ground for Bail in Commercial Narcotic Cases if S.37 Unmet  ||  Calcutta HC Disqualifies Politician Mukul Roy from Assembly under Anti-Defection Law  ||  Supreme Court Bans Mining in and Around National Parks and Wildlife Sanctuaries    

Securities and Exchange Board of India grants renewal of recognition to AMC Repo Clearing Limited- (Securities and Exchange Board of India) (15 Mar 2023)

MANU/SREG/0016/2023

Capital Market

The Securities and Exchange Board of India, having considered the application for grant of renewal of recognition of AMC Repo Clearing Limited under Regulation 12 of the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018 and being satisfied that it would be in the interest of the trade, securities market and the public, in exercise of the powers conferred by section 4 read with sub-section (4) of section 8A of the Securities Contracts (Regulation) Act, 1956, hereby grants renewal of recognition to the said clearing corporation for one year commencing on the 17th day of January, 2023 and ending on the 16th day of January, 2024 subject to the condition that the Clearing Corporation shall comply with the conditions as may be prescribed by rules or specified by the Securities and Exchange Board of India from time to time:

Provided that the Clearing Corporation shall not undertake any activity except that of clearing and settling of transactions in repo and reverse repo in the debt securities that are dealt with or traded on a recognised stock exchange.

Tags : RENEWAL   RECOGNITION   GRANT  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved