What is meant by ‘Securities’?
November 18th, 2008
The definition of ‘Securities’ as per the Securities Contracts Regulation Act
(SCRA), 1956, includes instruments such as shares, bonds, scrips, stocks or
other marketable securities of similar nature in or of any incorporate
company or body corporate, government securities, derivatives of securities,
units of collective investment scheme, interest and rights in securities,
security receipt or any other instruments so declared by the Central
Government.