Central Government to segregate ownership and trading membership from management of stock exchanges Bhubaneshwar Stock Exchange - S.O. No.431(E) - SEBI/LE/6207/02 - SEBI
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Segregation of ownership and management: broker members prohibited from holding office-bearer posts in the exchange under directive. Statutory powers were used to amend Bhubaneshwar Stock Exchange Articles to require segregation of trading membership from management; Article 120(a) now includes a proviso prohibiting any broker member from serving as an office-bearer (President, Vice-President or Treasurer) to ensure ownership and broker trading rights are separated from executive control.
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.
Segregation of ownership and management: broker members prohibited from holding office-bearer posts in the exchange under directive.
Statutory powers were used to amend Bhubaneshwar Stock Exchange Articles to require segregation of trading membership from management; Article 120(a) now includes a proviso prohibiting any broker member from serving as an office-bearer (President, Vice-President or Treasurer) to ensure ownership and broker trading rights are separated from executive control.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
