https://www.taxtmi.com/notifications?id=128958 The amendment permits a company formed under the Companies Act to be elected as a stock exchange member if it complies with Companies Act formation requirements, undertakes to meet SEBI-specified financial norms for registration, has a majority of directors who are shareholders with at least forty percent of paid-up equity held by those directors or the appointing body corporate, ensures directors are not disqualified or connected with previously defaulting or expelled member companies, and has at least two directors with requisite experience in securities dealing, portfolio management, or investment consulting. en-us Fri, 13 Nov 1992 00:00:00 +0530 Mon, 11 Mar 2019 18:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=128958 The amendment permits a company formed under the Companies Act to be elected as a stock exchange member if it complies with Companies Act formation requirements, undertakes to meet SEBI-specified financial norms for registration, has a majority of directors who are shareholders with at least forty percent of paid-up equity held by those directors or the appointing body corporate, ensures directors are not disqualified or connected with previously defaulting or expelled member companies, and has at least two directors with requisite experience in securities dealing, portfolio management, or investment consulting. Notifications SEBI Fri, 13 Nov 1992 00:00:00 +0530 https://www.taxtmi.com/notifications?id=128958