Renewal of recognition to a regional stock exchange granted subject to SEBI directives and expedited investor grievance redressal. Renewal of recognition to Ludhiana Stock Exchange Association Limited is granted under section 4 of the Securities Contracts (Regulation) Act, 1956 for one year from 28 April 2005 to 27 April 2006, on satisfaction of public and trade interest, and is subject to compliance with SEBI's earlier unimplemented advice: expedite the Girnar Fibres matter within one year, redress investor complaints within six months, and ensure the Investor Grievance Committee settles grievances within six months.
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Provisions expressly mentioned in the judgment/order text.
Renewal of recognition to a regional stock exchange granted subject to SEBI directives and expedited investor grievance redressal.
Renewal of recognition to Ludhiana Stock Exchange Association Limited is granted under section 4 of the Securities Contracts (Regulation) Act, 1956 for one year from 28 April 2005 to 27 April 2006, on satisfaction of public and trade interest, and is subject to compliance with SEBI's earlier unimplemented advice: expedite the Girnar Fibres matter within one year, redress investor complaints within six months, and ensure the Investor Grievance Committee settles grievances within six months.
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