The governing board of a recognized limited purpose clearing corporation shall include

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ectors; (c) managing director; and (d) such other directors as may be specified by the Reserve Bank of India or the Board from time to time. (2) The representative of the issuers of debt securities may be appointed on the governing board of the recognized limited purpose clearing corporation on a rotational basis and such a director shall be deemed to be a nominee director. Explanation.-For .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X