Business Studies · Securities Contracts (Regulation) Act, 1956
Under the Securities Contracts (Regulation) Act, 1956 (SCRA), contracts between members of multiple recognized stock exchanges in notified areas:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Are always illegal
- 2Are allowed only with SEBI's prior approval and conditions✓
- 3Require Central Government notification only
- 4Are void ab initio
Correct answer
Are allowed only with SEBI's prior approval and conditions
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