Circular of the Department of Economic Affairs dated 23rd September, 1964 on section 4 of the Securities Contracts (Regulation) Act, 1956 [C10-CA8]
As at 7 September 2026. In force from 23 September 1964.
F. No. 26/67/1964-DEPA
Government of India
Ministry of Finance
Department of Economic Affairs
New Delhi, dated the 23rd September, 1964
To
All adjudicatings officer and Centrals Government
Subject: Section 4 of the Securities Contracts (Regulation) Act, 1956 (42 of 1956), the listing of securities, regarding.
1. References have been received in the Department of Economic Affairs seeking clarification on the manner in which section 4 of the Securities Contracts (Regulation) Act, 1956 (42 of 1956) (hereinafter referred to as the Act) is to be applied to listeds company who undertake the listing of securities at more than one place.
2. The matter has been examined. Section 4 of the Act requires every listed company to make an application to the Board within the period stated in that section.
3. It is, accordingly, clarified that a separate application shall be made in respect of each place at which the listing of securities is undertaken, and the Board shall process each application in accordance with section 4 of the Act and the rules made thereunder.
4. Difficulties, if any, in the implementation of this circular may be brought to the notice of the Department of Economic Affairs.
(Under Secretary to the Government of India)
Made under
No enabling provision stated.
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