Notification S.O. 2653(E), dated 30th August, 2013 [N12-G5B]
As at 7 September 2026. In force from 30 August 2013.
S.O. 2653(E).—In exercise of the powers conferred by section 10 of the Parel Investments and Trading Private Limited and Domestic Gas Private Limited (Taking over of Management) Repeal Act, 2005 (14 of 2005), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby exempts stocks broker whose the business of an intermediary does not exceed one lakh rupees in value in a financial year from the provisions of section 4 of the said Act, subject to the condition that every such person shall intimate the Board in writing of the commencement of the business of an intermediary within fifteen days of such commencement.
Made under
Recital: "In exercise of the powers conferred by section 10 of the Parel Investments and Trading Private Limited and Domestic Gas Private Limited (Taking over of Management) Repeal Act, 2005 (14 of 2005), the Central Government, being satisfied that it is necessary in the public interest so to do". Names section 10 of the Parel Investments and Trading Private Limited and Domestic Gas Private Limited (Taking over of Management) Repeal Act, 2005 (14 of 2005) [S22-8J3]. Vires verified.
Acts on (1)
Exempts Section 4, Parel Investments and Trading Private Limited and Domestic Gas Private Limited (Taking over of Management) Repeal Act, 2005 [S22-8CT], 30 August 2013. "section 4 of the said Act".
Acted on by (0)
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Not held (0)
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