Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Amendment) Regulations, 2016

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..... egulations, 2016 No. SEBI/LAD/NRO/GN/2015-16/029.-In exercise of the powers conferred by section 31 of the Securities Contracts (Regulation) Act, 1956 read with sections 11 and 30 of the Securities and Exchange Board of India Act, 1992, the Securities and Exchange Board of India hereby makes the following regulations to further amend the Securities Contracts (Regulation) (Stock Exchanges and Clea .....

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..... sub-clause (vi) the following sub-clause shall be inserted, namely,- "(vii) such other cases where the Board is of the view that a person shall be considered as an associate based on the facts and factors including the extent of control, independence, conflict of interest;" U. K. SINHA, Chairman [ADVT-III/4/Exty./69ZB/315] Footnote: 1. The SC(R) (Stock Exchanges and Clearing Corporations) Re .....

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