Stock exchange - SEBI Ready Reckoner - SEBI

As per section 2(i) of the Securities Contracts (Regulation) Act, 1956 , unless the context otherwise requires,- Stock exchange means (a) anybody of individuals, whether incorporated or not, constituted before corporatisation and demutualisation under sections 4A and 4B, or (b) a body corporate incorporated under the Companies Act, 1956, whether under a scheme of corporatisation and demutualisation or otherwise, for the purpose of assisting, regulating or controlling the business of buying, selling or dealing in securities.