Maintenance of arbitration records

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....ecords. This circular is being issued in exercise of the powers conferred by Section 11 (1) of Securities and Exchange Board of India Act, 1992, read with Section 10 of the Securities Contracts (Regulation) Act, 1956, to protect the interest of investors in securities and to promote the development of, and to regulate, the securities market. The Bye-Laws of the Stock Exchanges provide for Ar....

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....s, shall be preserved for five years from the date of final disposal by the Court. 4.    The destruction of records shall be subject to the previous order, in writing of the Executive Director of the Exchange. 5.    The Exchange shall maintain a register wherein the brief particulars of the records destroyed alongwith the certification regarding the date and mod....