Section 7, Scheduled Securities (Hyderabad) Act, 1949 [S19-S51]
As at 7 September 2026. In force from 18 February 1949.
7. Maintenance of records and furnishing of returns.—(1) Every stock broker shall maintain such records and registers relating to the business of a stock broker as may be prescribed and shall preserve them for a period of five years. (2) Every stock broker shall furnish to the Board a return in Form B within fifteen days from the end of every financial year, and such other information as the Board may, by order in writing, require.
Defined terms in this text (1)
Board: Section 2, Scheduled Securities (Hyderabad) Act, 1949 [S19S0B] (In this Act, unless the context otherwise requires,—): "Board" means the Securities and Exchange Board of India established under section 3 of the Securities and Exchange Board of India Act, 1992 (15 of 1992)
Board: 279 more definitions.
Made under this section, or naming it (0)
none
Cited by (1)
Section 21, Scheduled Securities (Hyderabad) Act, 1949 [S19-SK8], 18 February 1949, Band A. "section 7".
Not held (0)
none
Duties published under this section (1)
D10-FV6. Every stock broker: Maintain records and registers of the business of a stock broker; preserve for five years; furnish the annual return in Form B; fifteen days from the end of every financial year; Form B. Published by Department of Economic Affairs, Ministry of Finance (synthetic record).