law: Securities Contracts (Regulation) Act, 1956
  30.Power to make
  
  rules.- 
  (1) The Central
  
  Government may, by notification in the Official Gazette, make rules for the
  
  purpose of carrying into effect the objects of this Act.
  (2) In particular, and
  
  without prejudice to the generality of the foregoing power, such rules may
  
  provide for,-
  (a)
  
  the manner in which applications may be made, the particulars which they should
  
  contain and the levy of a fee in respect of such applications;
  (b)
  
  the manner in which any inquiry for the purpose of recognizing any stock
  
  exchange may be made, the conditions which may be imposed for the grant of such
  
  recognition, including conditions as to the admission of members if the stock
  
  exchange concerned is to be the only recognised stock exchange in the area; and
  
  the form in which such recognition shall be granted;
  (c)
  
  the particulars which should be contained in the periodical returns and annual
  
  reports to be furnished to the Central Government;
  (d)
  
  the documents which should be maintained and preserved under section 6 and the
  
  periods for which they should be preserved;
  (e)
  
  the manner in which any inquiry by the governing body of a stock exchange shall
  
  be made under section 6;
  (f)
  
  the manner in which the bye-laws to be made or amended under this Act shall
  
  before being so made or amended be published for criticism;
  (g)
  
  the manner in which applications may be made by dealers in securities for
  
  licenses under section 17, the fee payable in respect thereof and the period of
  
  such licences, the condition subject to which licences may be granted,
  
  including condition relating to the forms which may be used in making
  
  contracts, or documents to be maintained by licensed dealers and the furnishing
  
  of periodical information to such authority as may be specified and the
  
  revocation of licences for breach of conditions;
  (h)
  
  the requirement which shall be compiled with by public companies for the
  
  purpose of getting their securities listed on any stock exchange ; and
  (i)
  
  any other matter which is to be or may be prescribed.
  (3) Any rules made
  
  under this section shall be subject tot he condition of previous publication and
  
  shall, as soon as may be, after their publication in the Official Gazette, be
  
  laid before both Houses of Parliament.