https://www.taxtmi.com/notifications?id=128460 The Scheme mandates re registration of the Pune Stock Exchange as a company limited by shares, prescribes share allotment to Members (including additional shares for multiple memberships), and requires incorporation of Scheme provisions into corporate instruments. It caps Trading Member representation on the Governing Board and limits voting rights of shareholder Trading Members to no more than five percent while requiring at least fifty one percent public shareholding. The Scheme sets uniform admission standards for Trading Members, preserves trading liabilities and client rights, restricts use of assets and reserves, and requires transfer of clearing functions to a recognised clearing corporation within two years subject to approval. en-us Mon, 29 Aug 2005 00:00:00 +0530 Tue, 19 Feb 2019 17:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=128460 The Scheme mandates re registration of the Pune Stock Exchange as a company limited by shares, prescribes share allotment to Members (including additional shares for multiple memberships), and requires incorporation of Scheme provisions into corporate instruments. It caps Trading Member representation on the Governing Board and limits voting rights of shareholder Trading Members to no more than five percent while requiring at least fifty one percent public shareholding. The Scheme sets uniform admission standards for Trading Members, preserves trading liabilities and client rights, restricts use of assets and reserves, and requires transfer of clearing functions to a recognised clearing corporation within two years subject to approval. Notifications SEBI Mon, 29 Aug 2005 00:00:00 +0530 https://www.taxtmi.com/notifications?id=128460