Executive Director (Law)
e-mail: dnr@sebi.gov.in
LGL/Cir-2/2003
February 19, 2003
To,
All the Stock Exchanges / Depositories
Sub: Approval of Amendments to Bye Laws / Rules of Stock Exchanges and Depositories
Therefore, in order to facilitate speedy approval of Bye Laws / Rules / Regulations and amendments thereto all the Stock Exchanges and Depositories are requested to inform the following while seeking approval to Bye Laws / Rules / Regulations and amendments thereto for SEBI’s approval.
2. It is further observed that the Exchanges are routinely sending requests for dispensing with pre-publication. It is therefore, brought to the notice of all the concerned that all requests for dispensing with pre-publication should necessarily accompany proper justification for urgency indicating how the public interest or interest of Trade is served by the same.
3. The above information will help SEBI in speedily disposing of the references for approval of Bye Laws / Rules / Regulations.
D.N. RAVAL