Corporatisation and demutualisation of stock exchanges required from appointed date, with regulator empowered to set alternate dates. Corporatisation and demutualisation of recognised stock exchanges must take effect from an appointed date, requiring exchanges not already corporatised and demutualised to comply with prescribed provisions; the regulator may, when sufficient cause prevented compliance, specify an alternative appointed date allowing continuation until that date, and the appointed date is a date or differing dates notified in the Official Gazette.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Corporatisation and demutualisation of stock exchanges required from appointed date, with regulator empowered to set alternate dates.
Corporatisation and demutualisation of recognised stock exchanges must take effect from an appointed date, requiring exchanges not already corporatised and demutualised to comply with prescribed provisions; the regulator may, when sufficient cause prevented compliance, specify an alternative appointed date allowing continuation until that date, and the appointed date is a date or differing dates notified in the Official Gazette.
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