Corporatisation and demutualisation: appointed dates designated after stock exchanges confirmed statutory compliance. Approval is recorded of the Scheme for corporatisation and demutualisation of several regional stock exchanges, with specified dates on which each exchange satisfied the statutory compliance requirement indicating completion of conversion. Pursuant to statutory authority, SEBI designates those dates as the appointed date for each exchange, thereby fixing when the corporatisation and demutualisation framework takes effect following confirmation of compliance.
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.
Corporatisation and demutualisation: appointed dates designated after stock exchanges confirmed statutory compliance.
Approval is recorded of the Scheme for corporatisation and demutualisation of several regional stock exchanges, with specified dates on which each exchange satisfied the statutory compliance requirement indicating completion of conversion. Pursuant to statutory authority, SEBI designates those dates as the appointed date for each exchange, thereby fixing when the corporatisation and demutualisation framework takes effect following confirmation of compliance.
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