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of <h1>Stock Exchange Membership: Age, Citizenship, Professional Experience, and Clean Financial-Legal Background Matter</h1> The statutory provisions outline qualifications for membership in a recognized stock exchange. Key eligibility criteria include being at least 21 years old, an Indian citizen, financially solvent, and without criminal convictions involving fraud. Members must have at least two years of professional experience in securities trading or work under an existing member. Disqualifying factors include bankruptcy, criminal history, engaging in unauthorized business activities, and previous expulsion from other stock exchanges. Special provisions exist for corporate entities, limited liability partnerships, and specific financial institutions seeking membership.
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