Authorised Person means a person being an individual, registered partnership firm or company as defined under the Companies Act, 1956 who is approved as such by the Exchange and who is employed whether through a contract of employment or otherwise by a Trading member /Participant for remuneration (whether by way of salary, commission, allowance or otherwise) expressed in terms of money or capable of being so expressed and gets such remuneration directly or indirectly from the trading member or a Participant for any activity relating to the trades done and executed on the F&O Segment of the Exchange.
Explanation:
For the purpose of these regulations, the term shall also include any person who is undergoing any kind of training or assigned any project work in pursuance of the requirements of any University or other academic body.
Explanation:
For the purpose of these regulations, the term shall also include any person who is undergoing any kind of training or assigned any project work in pursuance of the requirements of any University or other academic body.
