Ease of Doing Business: Text on Contract Note with respect to Fit and Proper status of shareholders
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.... respect to Fit and Proper status of shareholders 1. SEBI has received representations from market participants through the Industry Standards Forum (ISF) to relax the requirement, under chapter 6 at Para 2.4.2.2.2 of the Master Circular (Stock Exchanges and Clearing Corporations) dated October 16, 2023, of publishing the text pertaining to 'fit and proper' on the contract note in terms of Regu....
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....ly advised to: a. make necessary amendments to the relevant bye-laws, rules and regulations for the implementation of the above decision immediately, as may be necessary/applicable. b. bring the provisions of this circular to the notice of their members and to disseminate the same on their website. c. communicate to SEBI the status of implementation of the provisions of ....
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