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Section 17

Securities Contracts (Regulations) Rules, 1957Central Rules · 1992

(1) Every recognised stock exchange shall before the 31st day of January in each year or within such extended time as the 27[Securities and Exchange Board of India] may, from time to time, allow, furnish the 23[Securities and Exchange Board of India] annually with a report about its activities during the preceding calendar year, which shall inter alia contain detailed information about the following matters :

(a) changes in rules and bye-laws, if any;

(b) changes in the composition of the governing body;

(c) any new sub-committees set up and changes in the composition of existing ones;

(d) admissions, re-admissions, deaths or resignations of members;

(e) disciplinary action against members;

26 Substituted for “Central Government” by the Securities Contracts (Regulation) (Amendment) Rules, 1996, w.e.f. 23.12.1996 27 Ibid.

(f) arbitration of disputes (nature and number) between members and non-members;

(g) defaults;

(h) action taken to combat any emergency in trade;

(i) securities listed and de-listed; and

(j) securities brought on or removed from the forward list.

(2) Every recognised stock exchange shall within one month of the date of the holding of its annual general meeting, furnish the 28[Securities and Exchange Board of India] with a copy of its audited balance-sheet and profit and loss account for its preceding financial year.

Submission of periodical returns.

17A. Every recognised stock exchange shall furnish the 24[Securities and Exchange Board of India] periodical returns relating to—

(i) the official rates for the securities enlisted thereon;

(ii) the number of shares delivered through the clearing house;

(iii) the making-up prices;

(iv) the clearing house programmes;

(v) the number of securities listed and de-listed during the previous three months;

(vi) the number of securities brought on or removed from the forward list during the previous three months; and

(vii) any other matter as may be specified by the 24[Securities and Exchange Board of India].

Manner of publication of bye-laws for criticism.

18. The bye-laws to be made, amended or revised under the Act shall be published for criticism in accordance with the provisions of section 23 of the General Clauses Act, 1897 both in the Gazette of India and Official Gazette of the State in which the principal office of the recognised stock exchange is situate.

Requirements with respect to the listing of securities on a recognised stock exchange.

Where this provision sits

ActSecurities Contracts (Regulations) Rules, 1957
Section17
JurisdictionCentral
StatusIn force as published by the source

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