https://www.taxtmi.com/article/detailed?id=818 SEBI's master circular requires exchange bye-laws to align with the Arbitration and Conciliation Act, 1996 and mandates expeditious arbitration: adjournments only for exceptional recorded reasons, awards issued within a short target period subject to limited extensions by the chief executive, and deeming arbitrators to have entered upon reference at the first meeting. Exchanges must adopt selection and conduct standards for arbitrators-favouring legal, financial or securities-market experience, obtaining integrity declarations, disclosing conflicts, ensuring independence and reasoned awards-and provide for enforcement by debiting award amounts from trading members' funds into a separate account while preserving arbitration records under prescribed retention rules. en-us Mon, 07 Jun 2010 00:00:00 +0530 Tue, 08 Jun 2010 09:38:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=818 SEBI's master circular requires exchange bye-laws to align with the Arbitration and Conciliation Act, 1996 and mandates expeditious arbitration: adjournments only for exceptional recorded reasons, awards issued within a short target period subject to limited extensions by the chief executive, and deeming arbitrators to have entered upon reference at the first meeting. Exchanges must adopt selection and conduct standards for arbitrators-favouring legal, financial or securities-market experience, obtaining integrity declarations, disclosing conflicts, ensuring independence and reasoned awards-and provide for enforcement by debiting award amounts from trading members' funds into a separate account while preserving arbitration records under prescribed retention rules. Articles Corporate Laws / IBC / SEBI Mon, 07 Jun 2010 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=818