Securities Contracts (Regulation) Act, 1956
Section - 2 - Definitions
Definitions.2. In this Act, unless the context otherwise requires,-
| (a) | - | "contract" means a contract for or relating to the purchase or sale of securities; |
| [(aa) | - | "corporatisation" means the succession of a recognised stock exchange, being a body of individuals or a society registered under the Societies Registration Act, 1860 (21 of 1860), by another stock exchange, being a company incorporated for the purpose of assisting, regulating or controlling the business of buying, selling or dealing in securities carried on by such individuals or society; |
| (ab) | - | "demutualisation" means the segregation of ownership and management from the trading rights of the members of a recognised stock exchange in accordance with a scheme approved by the Securities and Exchange Board of India;] |
| [[(ac)] | - | "derivative" includes- |
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