TMI BlogGrant of recognition to stock exchangesX X X X Extracts X X X X X X X X Extracts X X X X ..... les and bye-laws of a stock exchange applying for registration are in conformity with such conditions as may be prescribed with a view to ensure fair dealing and to protect investors; (b) that the stock exchange is willing to comply with any other conditions (including conditions as to the number of members) which the Central Government, after consultation with the governing body of the stock e ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l be entered into and enforced as between members; (iii) the representation of the Central Government on each of the stock exchange by such number of persons not exceeding three as the Central Government may nominate in this behalf; and (iv) the maintenance of accounts of members and their audit by chartered accountants whenever such audit is required by the Central Government. (3) Every ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ers are exercisable by SEBI also vide S. O. 672 (E), Dated 13-09-1994, published in the Gazette of India, Extra., Pt. II, Section 3 (ii), Dated 13-09-1994. 2 Powers are exercisable by SEBI also vide S. O. 672 (E), Dated 13-09-1994, published in the Gazette of India, Extra., Pt. II, Section 3 (ii), Dated 13-09-1994. 3 Powers are exercisable by SEBI also vide S. O. 672 (E), Dated 13-09-1994, p ..... X X X X Extracts X X X X X X X X Extracts X X X X
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