Corporatisation and demutualisation: SEBI designates compliance dates as appointed dates for specified stock exchanges under SCRA provision. SEBI approved and published a Scheme of corporatisation and demutualisation and, upon receipt of confirmations that listed stock exchanges had complied with statutory requirements and completed corporatisation and demutualisation, SEBI appoints the confirmed dates as the appointed date for each exchange under the relevant provisions of the Securities Contracts (Regulation) Act.
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Provisions expressly mentioned in the judgment/order text.
Corporatisation and demutualisation: SEBI designates compliance dates as appointed dates for specified stock exchanges under SCRA provision.
SEBI approved and published a Scheme of corporatisation and demutualisation and, upon receipt of confirmations that listed stock exchanges had complied with statutory requirements and completed corporatisation and demutualisation, SEBI appoints the confirmed dates as the appointed date for each exchange under the relevant provisions of the Securities Contracts (Regulation) Act.
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