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        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.

        <h1>Demutualization: Broker members barred from holding exchange office bearerships, enforcing corporatisation and governance separation by regulatory amendment.</h1> SEBI mandated corporatisation and demutualization to segregate ownership, management and trading membership and, exercising delegated statutory powers, amended CSE's Articles of Association by deleting specified references and inserting a proviso that no broker member shall be an office bearer (President, Vice President or Treasurer) of the exchange to secure uniformity in governing board composition and implement the Board's directive.

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