Supersession of governing board extended, Administrator to continue exercising board powers pending reconstitution and demutualisation process. Extension of supersession of the Governing Board of the Ahmedabad Stock Exchange is ordered for a further six months to allow continuation of corrective measures, completion of election and constitution of a new Governing Board, and to advance demutualisation and corporatisation. Shri P.K. Ghosh, IAS (Retd.) shall continue as the Administrator and exercise and perform all powers and duties of the Governing Board during the extended period under the authority of the Securities Contracts (Regulation) Act.
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Supersession of governing board extended, Administrator to continue exercising board powers pending reconstitution and demutualisation process.
Extension of supersession of the Governing Board of the Ahmedabad Stock Exchange is ordered for a further six months to allow continuation of corrective measures, completion of election and constitution of a new Governing Board, and to advance demutualisation and corporatisation. Shri P.K. Ghosh, IAS (Retd.) shall continue as the Administrator and exercise and perform all powers and duties of the Governing Board during the extended period under the authority of the Securities Contracts (Regulation) Act.
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