Question
Can business of stock exchange be suspended?
Solution
Section 12 SCRA - Power to suspend business of recognised stock exchanges—If in the opinion of the Central Government an emergency has risen and for the purpose of meeting the emergency the Central Government considers it expedient so to do, it may, by notification in the Official Gazette, for reasons to be set out therein, direct a recognised stock exchange to suspend such of its business for such period not exceeding seven days and subject to such conditions as may be specified in the notification, and, if, in the opinion of the Central Government, the interest of the trade or the public interest requires that the period should be extended, may, by like notification extend the said period from time to time: Provided that where the period of suspension is to be extended beyond the first period, no notification extending the period of suspension shall be issued unless the governing body of the recognized association stock exchange has been given an opportunity of being heard in the matter
As per the Indian Stamp Act, when an instrument is chargeable with ad valorem duty in respect of any stock or security, on what basis should the duty ge...
When must all instruments chargeable with duty and executed by any person in India be stamped?
As per the General Insurance Business (Nationalization) Act what are the various functions of a Corporation?
Which of the following new law replaces the IPC and the Evidence Act?
All securities held by a depository
As per the provisions of the Stamp Act corporatisation and demutualisation schemes and related instruments _________________
Under the Registration Act the State Government may also appoint officers to be called _____________, and may prescribe the duties of such officers
Any member shall be entitled to be furnished, within _____________ after he has made a request in that behalf to the company, and on payment of such fee...
What does the term facts in issue refer to under the Bharatiya Sakshya Adhiniyam?