https://www.taxtmi.com/notifications?id=128459 SEBI approved a Scheme for corporatisation and demutualisation whereby the unincorporated Madhya Pradesh Stock Exchange will be succeeded by a company limited by shares that shall assume all assets, liabilities, contracts, recognitions and employees from the operative date. The Scheme prescribes member share subscription and allotment, governance composition with limits on trading member representation, separation of trading rights from shareholding, majority public ownership requirement, restrictions on voting influence of trading shareholders, safeguards on asset utilisation, transitional clearing arrangements, incorporation of Scheme terms into the company's constitutional documents, and continuous compliance and reporting to the regulator. en-us Mon, 29 Aug 2005 00:00:00 +0530 Tue, 19 Feb 2019 16:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=128459 SEBI approved a Scheme for corporatisation and demutualisation whereby the unincorporated Madhya Pradesh Stock Exchange will be succeeded by a company limited by shares that shall assume all assets, liabilities, contracts, recognitions and employees from the operative date. The Scheme prescribes member share subscription and allotment, governance composition with limits on trading member representation, separation of trading rights from shareholding, majority public ownership requirement, restrictions on voting influence of trading shareholders, safeguards on asset utilisation, transitional clearing arrangements, incorporation of Scheme terms into the company's constitutional documents, and continuous compliance and reporting to the regulator. Notifications SEBI Mon, 29 Aug 2005 00:00:00 +0530 https://www.taxtmi.com/notifications?id=128459