Model Bye – laws of stock exchanges

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..... ws of stock exchanges. 1. Based on the report of the Committee on Model Rules and Byelaws of Stock Exchanges, SEBI has finalized the Model Byelaws which would be applicable to all stock exchanges. The same (from Chapter 1 to Chapter 17 as given in Annexure) is available on the SEBI website www.sebi.gov.in (link given in the copy of this circular on the web) and is also being sent by email t .....

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..... rt for the month of October 2003. 4. The exchanges are required to give a declaration to SEBI in respect of adoption / implementation / incorporation of provisions of the Model Bye-laws in the byelaws of the exchange, on completion of the exercise. 5. This circular is being issued in exercise of powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 19 .....

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