The working of City Stock Exchange Association Ltd. is not being carried on by its Governing Board
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The working of City Stock Exchange Association Ltd. is not being carried on by its Governing Board in the public interest. On receipt of representations from various Investors and the Investors’ Association, the Central Government is thinking to withdraw the recognition granted to the said Stock Exchange. You are required to state the circumstances and procedure for withdrawal of such recognition as per the provisions of the Securities Contracts (Regulation) Act, 1956 in this regard. Also, state the effect of such withdrawal on the contracts outstanding on the date of withdrawal.
Related Book For
Advanced Accounting
ISBN: 978-1934319307
2nd edition
Authors: Susan S. Hamlen, Ronald J. Huefner, James A. Largay III
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