Question
Which Section of SCRA prohibits stock exchanges other
than recognized stock exchanges?Solution
17. Licensing of dealers in securities in certain areas. 17A. Public issue and listing of securities referred to in sub-clause (ie) of clause (h) of section 2. 18. Exclusion of spot delivery contracts from sections 13, 14, 15 and 17. 18A. Contracts in derivatives. 19. Stock exchanges other than recognised stock exchanges prohibited. 21. Conditions for listing
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