Grant of recognition under Regulation 4 of the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2012. - SEBI/LAD-NRO/GN/2017-18/007 - SEBI

SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 1st June, 2017 No. SEBI/LAD-NRO/GN/2017-18/007.-The Securities and Exchange Board of India, having considered the application for grant of recognition under Regulation 4 of the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2012 by NSE IFSC Clearing Corporation Limited, Unit No. 46 47, GIFT Aspire One Business Centre, 1st Floor, Block 12, Road 1-D, Zone 1, villages Phirozpur and Ratanpur, District Gandhinagar, Gujarat - 382355, 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 one year, commencing on the 29th day of May, 2017 and ending on the 28th day of May, 2018, subject to the condition 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. AJAY TYAGI, Chairman [ADVT. III/4/Exty./95/17 (69 ZB)]