Notification F.No. SEBI/LE/43510/2005, dated June 30, 2005 (“said notification”) the super-session of the Governing Board of the Uttar Pradesh Stock Exchange Association Limited. - S.O. No.457(E) - SEBI/LE/63413/2006 - SEBI
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Supersession of Governing Board extended to allow completion of corporatisation, demutualisation and corrective regulatory measures under oversight. SEBI extended the supersession of the Governing Board of the Uttar Pradesh Stock Exchange for six months to allow completion of elections, corporatisation and demutualisation and to implement corrective measures identified in inspection reports-including surveillance and risk-management weaknesses-while the Administrator continues to exercise all powers of the Governing Board and may engage assistance as required.
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Supersession of Governing Board extended to allow completion of corporatisation, demutualisation and corrective regulatory measures under oversight.
SEBI extended the supersession of the Governing Board of the Uttar Pradesh Stock Exchange for six months to allow completion of elections, corporatisation and demutualisation and to implement corrective measures identified in inspection reports-including surveillance and risk-management weaknesses-while the Administrator continues to exercise all powers of the Governing Board and may engage assistance as required.
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