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        SEBI

        Regulation 23A - Nominees of the Board on the governing board of a recognised stock exchange and recognised clearing corporation

        Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018
        Chapter V
        GOVERNANCE OF STOCK EXCHANGES AND CLEARING CORPORATIONS

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        Board nominees on exchange governing boards may be appointed with same status and powers as other directors. The Board may appoint persons as directors on the governing board of a recognised stock exchange or recognised clearing corporation; such nominees enjoy the same status and powers as the other directors of the governing board.
                        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.

                              Board nominees on exchange governing boards may be appointed with same status and powers as other directors.

                              The Board may appoint persons as directors on the governing board of a recognised stock exchange or recognised clearing corporation; such nominees enjoy the same status and powers as the other directors of the governing board.


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