Notification under section 11 of the Securities Contracts (Regulation) Act, 1956 for appointing new Administrator of the Uttar Pradesh Stock Exchange Association Limited (UPSE). - S.O. No.959(E) - SEBI/LE/70320/2006 - SEBI
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Appointment of Administrator under securities regulation: new Administrator empowered to exercise Governing Board powers during supersession. An Administrator is appointed to replace the resigning Administrator and to exercise and perform all the powers and duties of the superseded Governing Board for the remaining period of supersession; the Administrator may engage such persons as he deems necessary to assist in discharging his functions pursuant to the regulatory notification.
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.
Appointment of Administrator under securities regulation: new Administrator empowered to exercise Governing Board powers during supersession.
An Administrator is appointed to replace the resigning Administrator and to exercise and perform all the powers and duties of the superseded Governing Board for the remaining period of supersession; the Administrator may engage such persons as he deems necessary to assist in discharging his functions pursuant to the regulatory notification.
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