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Failure to pay fees in the manner specified in Schedule III of the SEBI (Stock brokers and Sub-brokers) Rules and Regulations, 1992 read with Circular No. SMD/ Policy/ Cir-07/ 2002 dated March 28, 2002

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....n Department MIRSD/REG-1/Cir- 39/19257/03 October 10, 2003 To The Executive Director/Managing Director All Stock Exchanges Dear Sir/ Madam, Sub: Failure to pay fees in the manner specified in Schedule III of the SEBI (Stock brokers and Sub-brokers) Rules and Regulations, 1992 read with Circular No. SMD/ Policy/ Cir-07/ 2002 dated March 28, 2002 This is further to the circul....