Shifting from Trade for Trade Segment to Normal Rolling Segment permitted where dual depository connectivity exists, with reporting required. Where a company has established connectivity with both NSDL and CDSL on or before 31.12.2003, stock exchanges may shift that company from the Trade for Trade Segment to the Normal Rolling Segment provided there are no other specific grounds to continue trading in Trade for Trade. Exchanges must report the action taken in Section II, item no. 13 of the Monthly Development Report for April 2004.
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.
Shifting from Trade for Trade Segment to Normal Rolling Segment permitted where dual depository connectivity exists, with reporting required.
Where a company has established connectivity with both NSDL and CDSL on or before 31.12.2003, stock exchanges may shift that company from the Trade for Trade Segment to the Normal Rolling Segment provided there are no other specific grounds to continue trading in Trade for Trade. Exchanges must report the action taken in Section II, item no. 13 of the Monthly Development Report for April 2004.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.