Central Government to segregate ownership and trading membership from management of stock exchanges Jaipur Stock Exchange Limited.

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..... Securities and Exchange Board of India vide his order dated January 10, 2002, passed in exercise of powers under sub-section (1) of Section 8 of the Securities Contracts (Regulation) Act read with sub-section (3) of Section 4 of the Securities and Exchange Board of India Act, 1992, had directed all stock exchanges to amend their Rules, Articles etc. within a period of two months to give effect to .....

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..... shall be added : Provided that no broker member of the exchange shall be the Vice President of the exchange. (iii) in clause (e), the following proviso shall be added Provided mat no broker member of the exchange shall be the Treasurer of the exchange. [F. No. SEBI/LE/6213/02] G. N. BAJPAI, Chairman - Notification Tax Management India - taxmanagementindia - taxm .....

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