Business Studies · Securities Contracts (Regulation) Act, 1956
As per the Securities Contracts (Regulation) Act, 1956, recognition of a stock exchange stands automatically withdrawn if:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Its members violate SEBI guidelines
- 2It does not comply with corporatisation or demutualisation requirements✓
- 3It fails to submit annual returns for two years
- 4It merges with another exchange
Correct answer
It does not comply with corporatisation or demutualisation requirements
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