Demutualisation separates ownership and management from trading rights, requiring a regulator-approved scheme to change exchange governance. Demutualisation separates a recognised stock exchange's ownership and management from members' trading rights through a scheme approved by the securities regulator. Corporatisation describes succession of an exchange that is a society or body of individuals by a company incorporated to assist, regulate or control the business of buying, selling or dealing in securities.
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.
Demutualisation separates ownership and management from trading rights, requiring a regulator-approved scheme to change exchange governance.
Demutualisation separates a recognised stock exchange's ownership and management from members' trading rights through a scheme approved by the securities regulator. Corporatisation describes succession of an exchange that is a society or body of individuals by a company incorporated to assist, regulate or control the business of buying, selling or dealing in securities.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.