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    <title>Order under section 4B (6) read with section 4B (7) of the Securities Contracts (Regulation) Act, 1956 in the matter of the Gauhati Stock Exchange Limited (Corporatisation and Demutualisation) Scheme, 2005.</title>
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    <description>SEBI approved a scheme requiring the Gauhati Stock Exchange to re-register as a company limited by shares, allot equity shares to existing members (not constituting a public offer), incorporate the Scheme into its constitutional documents, and implement governance, shareholding and trading rights rules including limits on trading members&#039; board representation and voting rights; transfer clearing functions to a recognised Clearing Corporation within the prescribed period; restrict use of assets and reserves to specified exchange liabilities and operations; and report compliance to SEBI, which may amend or relax Scheme provisions as necessary.</description>
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