https://www.taxtmi.com/circulars?id=58834 Guidelines permit de recognised or surrendering Regional Stock Exchanges to retain assets subject to conditions: transfer Investor Protection and Services Funds and the 1% security deposit to SEBI's Investor Education and Protection Fund (with refund conditions for the 1% deposit); transfer outstanding statutory dues to SEBI; brokers cease to be trading members with automatic SEBI registration cancellation and remain liable for registration fees payable until de recognition, recoverable by the exchange and transferrable to SEBI. Exchanges continuing as companies must drop 'stock exchange' from names; exclusive issuers must seek new listing or provide shareholder exit under delisting norms; exchanges must reserve funds to settle pending claims and liabilities. en-us Mon, 29 Dec 2008 00:00:00 +0530 Mon, 31 Dec 2018 15:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58834 Guidelines permit de recognised or surrendering Regional Stock Exchanges to retain assets subject to conditions: transfer Investor Protection and Services Funds and the 1% security deposit to SEBI's Investor Education and Protection Fund (with refund conditions for the 1% deposit); transfer outstanding statutory dues to SEBI; brokers cease to be trading members with automatic SEBI registration cancellation and remain liable for registration fees payable until de recognition, recoverable by the exchange and transferrable to SEBI. Exchanges continuing as companies must drop 'stock exchange' from names; exclusive issuers must seek new listing or provide shareholder exit under delisting norms; exchanges must reserve funds to settle pending claims and liabilities. Circulars SEBI Mon, 29 Dec 2008 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58834