Notification under section 11(3) of the Securities Contracts (Regulation) Act, 1956 for Extending the period of supersession of the Governing Board of the Uttar Pradesh Stock Exchange Association Limited. - S.O. No.936(E) - SEBI/LE/43510/2005 - SEBI
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Supersession of a stock exchange governing board extended to allow completion of corporatisation and elections. SEBI extended the supersession of the Governing Board of the Uttar Pradesh Stock Exchange Association Limited and directed that Shri M.N. Sabharwal, IPS (Retd.) continue as Administrator to exercise and perform all powers and duties of the Governing Board; the Administrator may take assistance of such persons as he deems necessary to complete corrective measures, elections, corporatisation and demutualisation during the extended period.
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.
Supersession of a stock exchange governing board extended to allow completion of corporatisation and elections.
SEBI extended the supersession of the Governing Board of the Uttar Pradesh Stock Exchange Association Limited and directed that Shri M.N. Sabharwal, IPS (Retd.) continue as Administrator to exercise and perform all powers and duties of the Governing Board; the Administrator may take assistance of such persons as he deems necessary to complete corrective measures, elections, corporatisation and demutualisation during the extended period.
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