TMI BlogAmendment in the respective Rules/Articles of Association the Bangalore Stock Exchange Limited.X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 their respective Rules/Articles of Association ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed to comply with the said statutory order within the specified period of six months : Now therefore, pursuant to the powers delegated to it under Section 29A of the Act, and in exercise of the powers conferred by sub-section (2) of section 8 of the Act in particular and also in exercise of the powers conferred by section 11 of the Securities and Exchange Board of India Act, 1992 (15 of 1992), SE ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... re-election unless a period of one year has elapsed since he last held such office." ARTICLE 54 The existing Article 54 of the Articles of Association shall be deleted. The above amendments shall come into force from the date of their publication in the Official Gazette as if the same have been amended by the Bangalore Stock Exchange Ltd. Dated at Bombay this the 24th day of November, 1993. [ ..... X X X X Extracts X X X X X X X X Extracts X X X X
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