The application for grant of renewal of recognition under Regulation 12. - SEBI/LAD-NRO/GN/2017-18/018 - SEBI

SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 20th September, 2017 No. SEBI/LAD-NRO/GN/2017-18/018.- 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, 2012 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, 2017 and ending on the 2nd day of October, 2020 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. MADHABI PURI BUCH, Whole Time Member Securities and Exchange Board of India [ADVT.-III/4/Exty./240/17]