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Amendment of section 2

Clause 12 - Bills - AMENDMENTS TO THE INDIAN STAMP ACT, 1899 - FINANCE BILL, 2019 - Clause 12 - . 12. In section 2 of the Indian Stamp Act, 1899 (2 of 1899) (hereafter in this Part referred to as the principal Act),- (a) for clause (1), the following clauses shall be substituted, namely:- (1) allotment list means a list containing details of allotment of the securities intimated by the issuer to the depository under sub-section (2) of section 8 of the Depositories Act, 1996 (22 of 1996); (1A) ba .....

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orporated company or body corporate; (iii) certificate of deposit, commercial usance bill, commercial paper and such other debt instrument of original or initial maturity upto one year as the Reserve Bank of India may specify from time to time; (iv) securitised debt instruments; and (v) any other debt instruments specified by the Securities and Exchange Board of India from time to time; (10B) depository includes- (a) a depository as defined in clause (e) of sub-section (1) of section 2 of the De .....

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in the Official Gazette; ; (g) after clause (15), the following clause shall be inserted, namely:- (15A) issuer means any person making an issue of securities; ; (h) for clause (16A), the following clauses shall be substituted, namely:- (16A) marketable security means a security capable of being traded in any stock exchange in India; (16B) market value , in relation to an instrument through which- (a) any security is traded in a stock exchange, means the price at which it is so traded; (b) any .....

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s of this Act; ; (j) after clause (26), the following clause shall be inserted, namely:- (27) stock exchange includes- (i) a recognised stock exchange as defined in clause (f) of section 2 of the Securities Contracts (Regulation) Act, 1956 (42 of 1956); and (ii) such other platform for trading or reporting a deal in securities, as may be specified by the Central Government, by notification in the Official Gazette, for the purposes of this Act. . - Statutory Provisions, Acts, Rules, Regulations, .....

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