TY  - GEN
AU  - JAIN, PAYEL
TI  - Law relating to spot delivery contracts
PY  - 2013///
KW  - LAW- COMPANY
N2  - Spot delivery contract is a contract which provides for actual delivery of securities and the payment of a price therefor either on the same day as the date of the contract or on the next day. All transactions in securities other than on spot delivery basis or unless settled through a stock exchange are illegal. This puts a question mark on the legality of exit rights given to private equity players in India
ER  -