Scope, commencement and definitions
Classify the entity, product, security, investor and transaction using the current definitions.
Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018
Reviewed by Ravi Sisodia · Last reviewed 19 July 2026
Current regulation hub for MIIs, including regulation-wise controls, interpretation, examples, Q&A, forms and cross-law mapping.
2018Last amended 2025-11-22MIIs
Current status
Regulation-wise control map
Numbering control: These professional units must be joined to exact numbered regulations, provisos and schedules from the official consolidated PDF before a page is labelled verbatim law.
Registration or eligibility
Test registration, fit-and-proper, capital/net worth, infrastructure and continuing eligibility.
Governance and responsible persons
Map Board/trustee/compliance officer/key-person duties and conflict controls.
Permitted activity and restrictions
Define permitted business, prohibited conduct, concentration and related-party limits.
Investor/client onboarding and agreements
Apply KYC, suitability/appropriateness where relevant, disclosures, contracts and consent.
Valuation, pricing, fees and funds/securities
Control valuation, pricing, expense/fee, custody, segregation, bank and depository flows.
Disclosure and reporting
Map offer/listing/periodic/event disclosure, returns, website and record retention.
Conduct, inspection and enforcement
Apply fiduciary/fair conduct, audit/inspection, breach reporting, directions, suspension/cancellation and penalties.
Forms and schedules
Use current application, certificate, disclosure, reporting and fee schedules.
Amendment and transitional controls
Reconcile last amendment, saved approvals, open transactions and superseded circulars.
Evidence and verification checklist
- Confirm the current, in-force text governing Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018 on the official source linked above - the summary on this page is an implementation aid, not a substitute for it.
- Record the exact event/transaction date, since the applicable version of the law, form or threshold can change between the date of the underlying event and today.
- Preserve the primary documents (notices, applications, orders, acknowledgements) that would let a reviewer reconstruct how the facts were classified and what was actually done.
- Check for a State-specific rule, later amendment or binding judicial decision that may modify how this applies on your facts.
Before relying on this page
This page is a structured implementation summary, not the operative legal text. Portal or process acceptance of a filing does not by itself establish legal compliance - the underlying classification, authority, evidence and timeline still have to be independently correct. Where the facts are contested, high-value, or time-barred if delayed, verify the current position with the official source and, where appropriate, a qualified professional before acting.