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SEBI - Highlights / Catch Notes

Home Highlights February 2024 Year 2024 This

Exit Policy of SEBI - letter issued by SEBI calling upon CSE ...

SEBI

February 22, 2024

Exit Policy of SEBI - letter issued by SEBI calling upon CSE [Calcutta Stock Exchange] to apply for voluntary exit - The High Court held that, Regulations such as those which have been framed by the SECC Regulations, insofar as they define the conditions for recognition, of minimum net worth, composition of the board of directors, dispersal of ownership and norms for governance, do not infringe any legal right of the stock exchange. The challenge is, therefore, lacking in substance.

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