https://www.taxtmi.com/acts?id=32881 The Central Government may serve notice and, after hearing, supersede the governing body of a recognised stock exchange by Gazette notification and appoint one or more persons to exercise its powers. On notification, members of the superseded body cease in office, appointed person(s) assume governing powers and specified exchange property vests in them; their term is as the notification specifies and may be varied, and on re-constitution the vested property shall re-vest in the re-constituted governing body. The Securities and Exchange Board may exercise these powers as noted. en-us Thu, 22 Nov 2018 17:14:12 +0530 Thu, 22 Nov 2018 17:14:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=32881 The Central Government may serve notice and, after hearing, supersede the governing body of a recognised stock exchange by Gazette notification and appoint one or more persons to exercise its powers. On notification, members of the superseded body cease in office, appointed person(s) assume governing powers and specified exchange property vests in them; their term is as the notification specifies and may be varied, and on re-constitution the vested property shall re-vest in the re-constituted governing body. The Securities and Exchange Board may exercise these powers as noted. Act-Rules SEBI Thu, 22 Nov 2018 17:14:12 +0530 https://www.taxtmi.com/acts?id=32881