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        SEBI

        Rule 10 - Nominees of the Securities and Exchange Board of India] on the governing bodies of recognised stock exchanges

        Securities Contracts (Regulation) Rules, 1957

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        SEBI nomination power allows multiple nominees to join exchange governing bodies with equal status and powers. The Securities and Exchange Board of India may nominate one or more persons not exceeding three in number as member or members of the governing body of every recognised stock exchange, and such member or members shall enjoy the same status and powers as other members of the governing body.
                        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.

                              SEBI nomination power allows multiple nominees to join exchange governing bodies with equal status and powers.

                              The Securities and Exchange Board of India may nominate one or more persons not exceeding three in number as member or members of the governing body of every recognised stock exchange, and such member or members shall enjoy the same status and powers as other members of the governing body.


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