<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Order under Section 4b (6) read with Section 4b (7) of the Securities Contracts (Regulation) Act, 1956 in the matter of the Ludhiana Stock Exchange Association Limited (Demutualisation) Scheme, 2005.</title>
    <link>https://www.taxtmi.com/notifications?id=128442</link>
    <description>SEBI approves LSE&#039;s demutualisation Scheme requiring separation of ownership and management from trading rights, incorporation of Scheme provisions into corporate documents by the Due Date, limits on voting by shareholders who are trading members, a majority-public shareholding requirement excluding trading-right holders, transfer of clearing functions to a recognised Clearing Corporation within a prescribed period subject to SEBI approval, restrictions on use of assets and reserves for purposes other than discharging pre-existing liabilities and exchange operations, and ongoing compliance and reporting obligations to SEBI.</description>
    <language>en-us</language>
    <pubDate>Thu, 15 Sep 2005 00:00:00 +0530</pubDate>
    <lastBuildDate>Tue, 19 Feb 2019 14:19:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=558812" rel="self" type="application/rss+xml"/>
    <item>
      <title>Order under Section 4b (6) read with Section 4b (7) of the Securities Contracts (Regulation) Act, 1956 in the matter of the Ludhiana Stock Exchange Association Limited (Demutualisation) Scheme, 2005.</title>
      <link>https://www.taxtmi.com/notifications?id=128442</link>
      <description>SEBI approves LSE&#039;s demutualisation Scheme requiring separation of ownership and management from trading rights, incorporation of Scheme provisions into corporate documents by the Due Date, limits on voting by shareholders who are trading members, a majority-public shareholding requirement excluding trading-right holders, transfer of clearing functions to a recognised Clearing Corporation within a prescribed period subject to SEBI approval, restrictions on use of assets and reserves for purposes other than discharging pre-existing liabilities and exchange operations, and ongoing compliance and reporting obligations to SEBI.</description>
      <category>Notifications</category>
      <law>SEBI</law>
      <pubDate>Thu, 15 Sep 2005 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/notifications?id=128442</guid>
    </item>
  </channel>
</rss>