Restriction of voting rights: recognised stock exchanges may limit member voting and proxy rights, subject to government approval. Recognised stock exchanges may make or amend rules to restrict or regulate member voting-including limiting voting to members, providing one vote per member irrespective of equity share, restricting proxy appointments, and related incidental measures-but such rules are effective only after Central Government approval and Gazette publication, with the Government able to modify rules and the published rules deemed valid despite inconsistency with the Companies Act.