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    <title>Power of Central Government to direct rules to be made or to make rules.</title>
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    <description>The Central Government may, after consultation with governing bodies of recognised stock exchanges, direct exchanges to make or amend rules within a prescribed period, now two months, by written order with reasons. If an exchange fails to comply, the Central Government may itself make or amend the rules, either as proposed or with agreed modifications. Rules made under this power must be published in the Gazette of India and relevant State Gazettes and, on publication in the Gazette of India, operate as if made or amended by the recognised stock exchange.</description>
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      <title>Power of Central Government to direct rules to be made or to make rules.</title>
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      <description>The Central Government may, after consultation with governing bodies of recognised stock exchanges, direct exchanges to make or amend rules within a prescribed period, now two months, by written order with reasons. If an exchange fails to comply, the Central Government may itself make or amend the rules, either as proposed or with agreed modifications. Rules made under this power must be published in the Gazette of India and relevant State Gazettes and, on publication in the Gazette of India, operate as if made or amended by the recognised stock exchange.</description>
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