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      Question

      According to Regulation 6 of Securities Contracts

      (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018, what documents and particulars must be submitted along with an application for recognition as a stock exchange or clearing corporation?
      A Financial statements of the last 10 years Correct Answer Incorrect Answer
      B Income tax returns of the shareholders Correct Answer Incorrect Answer
      C Proof of company registration Correct Answer Incorrect Answer
      D List of shareholders Correct Answer Incorrect Answer
      E Memorandum of association, articles of association, bye-laws, and other documents as specific Correct Answer Incorrect Answer

      Solution

      Proof of compliance with SEBI regulations - An application for recognition as a stock exchange or a clearing corporation, as the case may be,  shall  be  accompanied  by the copy of the memorandum  of  association, articles  of association, bye-laws and other documents as provided in sections 3 and 4 of the Act, rule 5 of the rules and these regulations.

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