Extension of BASL membership deadline granted; non-compliant investment advisers face suspension or cancellation under securities law. Existing Investment Advisers must obtain membership of BSE Administration & Supervision Limited within an extended timeline; failure to comply will attract disciplinary measures including suspension or cancellation of certificate of registration. The extension responds to representations and is issued under the regulator's statutory powers to protect investor interests and regulate the securities market.
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Provisions expressly mentioned in the judgment/order text.
Extension of BASL membership deadline granted; non-compliant investment advisers face suspension or cancellation under securities law.
Existing Investment Advisers must obtain membership of BSE Administration & Supervision Limited within an extended timeline; failure to comply will attract disciplinary measures including suspension or cancellation of certificate of registration. The extension responds to representations and is issued under the regulator's statutory powers to protect investor interests and regulate the securities market.
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