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Search Results on notification for query: "the Bilateral Netting of Qualified Financial Contracts Act, 2020 (30 of 2020),"

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2020-10-01

The Bilateral Netting Of Qualified Financial Contracts Act, 2020 (30 Of 2020),

Related Act Details

Act Short Title:	The Bilateral Netting of Qualified Financial Contracts Act, 2020
Act ID:	202030
Act Number:	30
Enactment Date:	2020-09-28
Act Year:	2020
Long Title:	An Act to ensure financial stability and promote competitiveness in Indian financial markets by providing enforceability of bilateral netting of qualified financial contracts and for matters connected therewith or incidental thereto.
Enforcement Date:	28-09-2020
Act Detail File

Related Section(s)

Section 1 : Short title and commencement.

(1) This Act may be called the Bilateral Netting of Qualified Financial Contracts Act, 2020.

(2) It shall come into force on such date¹ as the Central Government may, by notification in the Official Gazette, appoint, and different dates may be appointed for different provisions of this Act.

1. 1st October, 2020, vide notification No. S.O. 3463(E), dated 1st October, 2020 see Gazette of India, Extraordinary, Part II, sec. 3 (ii).