Availability of Company not to be registered with words “Stock Exchange” as part of its name without obtaining in principle approval/no objection of SEBI

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....rs. Subject:- Name of company - Availability of ‑ Company not to be registered with words "Stock Exchange" as part of its name without obtaining in principle approval/no objection of SEBI I am directed to draw your attention to this Department's Circular No. 27/22/85-CL.III, dated 13-1-1986 and 18-9-1991 and Circular No. 27/50/92-CL. III, dated 23-3-1993 on the above subject and to enc....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....tion 19 of Securities Contracts (Regulation) Act, 1956 or have not been granted recognition by Central Government/SEBI under section 4 of the above Act, are collecting such deposits in violation of the provisions of the said Act. Section 19(1) of Securities Contracts (Regulation) Act, 1956 prohibits organising or assisting in organising any stock exchange without the permission of the Central Gove....