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Cochin Stock Exchange Ltd. has pursuant to the said statutory order amended some of its Articles of Association and SEBI vide its order dated January 5, 1994.

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..... ise of the powers conferred by sub-section (1) of section 8 of the Securities Contracts (Regulation) Act, 1956 (42 of 1956) (hereinafter referred to as "the Act") the Securities and Exchange Board of India (hereinafter referred to as 'SEBI') by an order dated 20th April 1993 (hereinafter referred to as the "statutory order") directed the stock exchanges mentioned in the Schedule thereto to amend t .....

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..... 105,106 (iii)(b) and 130(a) & (b) of the Articles of Association of the Exchange which were published in part 11-Section 3 sub-section (ii) of the Gazette of India, Extraordinary dated January 11, 1994. The Cochin Stock Exchange Ltd has, however, failed to amend Article 115 of the Articles of Association to provide for the matter specified in clause 4 of the said statutory order and thereby failed .....

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