Manner of inquiry in relation to the affairs of the governing body of a recognised stock exchange or the affairs of any member of the stock exchange in relation to the stock exchange

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..... exchange or the affairs of any member of the stock exchange in relation to the stock exchange. 16. (1)(a) The person or persons appointed by the 1 [Securities and Exchange Board of India] to make an inquiry under clause (b) of sub-section (3) of section 6 of the Act shall hereafter in this rule be referred to as the inquiring authority ; (b) where the inquiring authority consists of two or more p .....

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..... ity shall submit its report in writing to the 2 [Securities and Exchange Board of India] within the period specified in the order of appointment; (g) temporary absence from any hearing or hearings of any member of the inquiring authority shall not vitiate its proceedings. (2) Where the 2 [Securities and Exchange Board of India] has directed the governing body of a stock exchange to make an inquiry .....

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