Introducing the βIn Favour Ofβ filter in Case Laws.
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Introducing the βIn Favour Ofβ filter in Case Laws.
Try it now in Case Laws β


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<h1>Stock Exchange Directors Must Follow Code of Conduct and Ethics; Board Can Enforce Action for Non-Compliance.</h1> Directors and key management personnel of recognized stock exchanges and clearing corporations must adhere to a Code of Conduct and a Code of Ethics as specified in Schedule II of the Securities Contracts (Regulation) Regulations, 2012. They must also be deemed fit and proper persons under regulation 20. The Board has the authority to take action, including removal or termination, against directors for non-compliance with these codes or in cases of conflict of interest, after providing an opportunity for the individual to be heard.