Question

    A recognised stock exchange and recognised clearing corporation shall maintain and preserve all the books, registers, other documents and records relating to the issue or transfer of its securities for a period of ………….

    A not less than five years Correct Answer Incorrect Answer
    B not less than seven years Correct Answer Incorrect Answer
    C not less than eight years Correct Answer Incorrect Answer
    D five years Correct Answer Incorrect Answer
    E eight years Correct Answer Incorrect Answer

    Solution

    Regulation 22 of Securities Contract (Stock Exchanges and Clearing Corporations) Regulation 2018 Record keeping - In addition to the requirements under other laws in force, a recognised stock exchange and recognised clearing corporation shall maintain and preserve all the books, registers, other documents and records relating to the issue or transfer of its securities for a period of not less than eight years.

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