The Securities Contracts (Regulation) Act, 1956 also known as SCRA is an
Act of the
Parliament of India
The Parliament of India (ISO 15919, ISO: ) is the supreme legislative body of the Government of India, Government of the Republic of India. It is a bicameralism, bicameral legislature composed of the Rajya Sabha (Council of States) and the Lok ...
enacted to prevent undesirable exchanges in securities and to control the working of stock exchange in
India
India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since ...
. It came into force on 20 February 1957.
See also
*
List of acts of the Parliament of India
*
Securities and Exchange Board of India Act, 1992
The Securities and Exchange Board of India Act, 1992 is an act that was enacted for regulation and development of securities market in India. It was amended in the years 1995, 1999, and 2002 to meet the requirements of changing needs of the s ...
References
Acts of the Parliament of India 1957
{{law-stub