Arbitration Mechanism in Stock Exchanges
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....gust 31,2010 and MRD/DoP/SE/Cir-38/2004 dated October 28, 2004. Para 7.4 of the said circular no. CIR/MRD/DSA/29/2010 dated August 31,2010 is being modified. 2. The para 7.4 of aforementioned circular no. CIR/MRD/DSA/29/2010 dated August 31, 2010 currently reads as follows: " 7.4 A party filing an appeal before the appellate panel [as mentioned under item 6 above] shall pay a fee not e....
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....e borne by the Stock Exchanges and the Investor Protection Fund of Stock Exchanges equally. 4. The stock exchanges are advised to:- a. make necessary amendments to the relevant bye-laws, rules and regulations for the implementation of the above decision immediately; b. bring the provisions of this circular to the notice of the members of the stock exchange and also to dissemin....
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