Law · Securities Contracts (Regulation) Act, 1956
Under the Securities Contracts (Regulation) Act, 1956, entering into contracts in securities on an unrecognised stock exchange is generally:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Requires only exchange-level approval
- 2Allowed if contracts are between two registered members
- 3Prohibited except with the permission of the Central Government in notified areas✓
- 4Allowed with prior SEBI approval
Correct answer
Prohibited except with the permission of the Central Government in notified areas
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