Allahabad HC Reduces Cop's Sentence in 1984 Attempt-to-Murder Case, Awards Rs. 35,000 to Victim  ||  Delhi High Court: Copyright Owners and ISPs Cannot Unilaterally Declare a Website 'Rogue'  ||  Rajasthan HC: Teacher's Reprimand for Poor Attendance and Performance is Not Abetment of Suicide  ||  Karnataka High Court: Police Assistance to Enforce Injunction Not Barred by Res Judicata  ||  SC Upholds Validity of Section 16(2)(c) of CGST Act, Says ITC Depends on Supplier's Tax Payment  ||  Supreme Court: Registration Certificate Alone Can't Secure Interim Release of Seized Vehicles  ||  Supreme Court: IBC Moratorium Doesn't Shield Promoters, Directors From Consumer Complaints  ||  Supreme Court: Accused Person's Advocate Cannot Remain Present During Entire Police Interrogation  ||  Uttarakhand HC: Severity of POCSO Charges Alone Cannot Deny Juvenile Bail  ||  Madras HC Grants Anticipatory Bail to Man Accused of Watching CM Vijay's Unreleased Film Online    

Procedures for Exchange Listing Control Mechanism- (Securities and Exchange Board of India) (27 Jan 2017)

MANU/SSMD/0005/2017

Capital Market

Regulation 45 of the SECC Regulations provides for listing of stock exchanges on any recognised stock exchange, other than itself and its associated stock exchange. As per Regulation 45(2) of the SECC Regulations, the Board may specify such conditions as it may deem fit in the interest of the securities market.

In order to address any conflict arising out of aforesaid provisions of listing of a stock exchange on any recognised stock exchange, other than itself, and also to ensure effective compliance with the applicable laws, it has been decided that:

I. The Listing Department of the listing stock exchange (i.e. a stock exchange on which the listing is done) shall be responsible for monitoring the compliance of the listed stock exchange (i.e. a stock exchange which is getting listed) as in the case of listed companies.

II. The Independent Oversight Committee of the listing stock exchange shall exercise oversight at the second level to deal with the conflicts, if any. The listed stock exchange may appeal to the Independent Oversight Committee of the listing stock exchange, if aggrieved, with the decision on disclosure of the listing stock exchange as referred under para 2 (I).

III. An independent Conflict Resolution Committee (CRC) constituted by SEBI, with an objective for independent oversight and review, shall monitor potential conflicts between listed and listing stock exchange on a regular basis. The listed stock exchange aggrieved by the decision of the Independent Oversight Committee of the listing exchange may appeal to the CRC.

Tags : EXCHANGE LISTING   MECHANISM   PROCEDURES  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved