Section 31(1)(b) in The Factoring Regulation Act, 2011
(b)transactions on any stock exchange or commodities exchange regulated by the Securities and Exchange Board of India constituted under the provisions of the Securities and Exchange Board of India Act, 1992 (15 of 1992) or by the Forward Markets Commission under the Forward Contracts (Regulation) Act, ) 1952 (74 of 1952), respectively;