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of <h1>SEBI Extends Supersession of Calcutta Stock Exchange Committee to June 30, 2005, for Continued Reforms and Elections.</h1> The Securities and Exchange Board of India (SEBI) has extended the supersession of the Committee of the Calcutta Stock Exchange Association Ltd. until June 30, 2005. Initially, the committee was superseded for one year starting December 4, 2003, with an administrator appointed to oversee its duties. The extension is necessary to allow for continued corrective measures, election processes, and the completion of demutualization and corporatization efforts. The administrator will remain in place to manage the committee's responsibilities during this extended period. This decision is made under the authority of relevant sections of the SEBI Act and the Securities Contracts (Regulation) Act.
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