SCRA act 1956

I wanted to know about the Security Contract act 1956. give me detailed information about this?

[Kiran Chandar]

The Securities Contracts (Regulation) Act, 1956 “Act” was enacted in order to prevent undesirable transactions in securities and to regulate the working of stock exchanges in the country.

The provision of the Act came into force with effect from 20th February, 1957 vide Notification No. SRO 528 dated 16th February, 1957.
In the security contract Act the definition is given in:
Stock exchange
Recognization Stock Exchange
if you wanted to get more information you may consider the following file which contain detail information regarding this Security contract Act.

Security contract Act