REGISTERED No. DL— 33001/2001

The Gazette of India

PUBLISHED BY AUTHORITY

No. 32] NEW DELHI, SATURDAY , AUGUST 11, 2001 (SRAVANA 20,1923)

(Separate paging is given to this part in order that it may be filed as a separate compilation)

[PART IV]

[Advertisements and Notices issued by Private Individuals and Private Bodies.]

NOTICE

NO LEGAL

RESPONSIBILITY

IS ACCEPTED FOR

THE

PUBLICATION OF ADVERTISEMENTS/PUBLIC

NOTICES IN THIS PART OF THE GAZETTE OF INDIA.

NOTIFYING

THE

ADVERTISEMENTS/

NOTICES

WILL, REGAIN SOLELY, RESPONSI-

BLE

FOR

LEGAL CONSIQUENCES AND ALSO

MISREPRESENTATION ETC.

BY ORDER

Controller of Publication

CHANGE OF NAMES

I, RAJESH KUMAR JAIN S/O Shri VIJAY KUMAR

JAIN practising Chartered Accountant under the name and

style of Rajesh Jain & Associates residing at 49, Pushpanjali

Opp. Anand Vihar Delhi- 110092 . have changed the name of

his minor son SULABH JAIN aged 16 years and he shall

hereafter be known as RISHABH JAIN.

It is certified that

have complied with

other legal

requirements in this connection.

VIJAY KUMAR JAIN

Signature of Guardian

I, hitherto known as TAPESH KSHATRIYA S/o

Shri

GANESH KSHATRIYA, residing at P-42/7, Shankar Nagar

Exten., Gali No. 10, De!hi-51, have changed my name and

shall hereafter be known as TAPPI KSHATRIYA.

It is

certified that I have complied

with

other

legal

requirements in this connection.

TAPESH KSHATRIYA

[Signature (in existing old name)J

I, hitherto known as VIKAS PUMBRA S/o J. R. PUM-

BRA, employed as Sales Executive in the Techno Links, Engg.

Services residing at 20 Old Doctors Mess, L.NJ.P. Hospital,

New Delhi-11002. have changed my name and shall here-

after be known

as VIKAS AHLUWALIA.

It is certified that I have complied with

other

legal

requirements in this connection.

VIKAS PUMBRA

[Signature fin existing old name)]

l - 1 9 0 GI/2001

(253)

254

THE'GAZETTE OF INDIA, AUGUST 11, 2001 (ERAVANA 20, 1923)

[PART-IV

I, hitherto known

as INDT^:R PAL

SINGH

S.'o

Sim

GtJRBAX SINGH WALTA, employed as D'Man Gr IT in

Ihe DSP/NHQ New Delhi, residing at A-145, Fateh Niigcr,

Jail Road, New Delhi-1100IS, have changed my nam» and

shall hereafter be known as 1NDER PAL SINGH WAI TA.

It is

certified that I have complied

with

other

legal

requirements in thii connection,

INDER HAL SINGH

[Signature (in existing old name)]

1, hilhcrlo known a-* MJD^H kL'MAR S/o Sh. BABLI

RAM rcjsidingj at

jE-99, Jhilmil

Colon*, Delhi-110095,

have cnJinjiKtl

my name and shrill hereafter

h.-> known as

runr.su KOY.

It is certified that I have complied with other legal re-

quirements in this conned ion.

SUDESH KUMAR

[Signature (in existing eld name¹*]

I. hitherto known us BISWANATH MITRA

S/o

Lute

AMIYA KUMAR MITRA, employed

as Upper

Division

Clerk in the O/o the Mannger, Government of India Press

(Fornis Unit) S'lTitrnaadii. H"Wiah-7U 32J ("West Bengal),

and residing at Village & P.O. Latibpur, P.S. Uluberia, District

Hcwrah-711316

(West Bengal), hove changed my n;mu and

shall heieafter be known as ASHOK MITRA.

h is certified that I have complied with other legal require-

ments in this connection.

BISWANATH MITRA

[Signature (in existing old namclj

I, hitherto known as HEMRAJ S/o Sri RAMPRASAD

LADIA, employed

us Geologist (Sr.)

the Geological

Survey of India Training Institute Raipur Centre, residing u<

Raipur Chhattispnih, huvu changed my name and shall here-

after t>e known :;s HEMRAI SURYAVANSHT,

It is certified that I have complied with other legal re-

quirements in this connection.

HEMRAI

[Signature (in existing old name)]

I, hitk-.fo known -,v, SITA RAM 'S/o Ch. VENKATA-

RAO, employed as Driver 'IV Grnde, in Loco Department,

under the direct supervision of Sr. Section Engineer-!, S.E.

Railway, Klvraupur. P.O. K.h.nai',pur. Dist. Midnapore (WB),

residing -it Mock No. 2/F-2, Unit No. S, Old

Setllemont,

V. O. Khiir.igpur Dist. Midnnpoi'c (WB.), have changed my

name arid ihall heic-nftei he known

(_ HOKK.v KUfA

SITARAM.

It is ceitified that

have complied with

other

ICL-HI

requirements in this connection.

SIT A RAM

ISignature (in existing old n-nu*)|

I. hiih^rto known as

RAMt'SH CHANDRA

S,o

Late

AMBA DUTT FANDKY, employed as Su.b-Inspeclsoi (GD)

in lire (iroup Contrj SSU Tem,

I'.O. Tezu,

Dist.

Lohil.

\runachal Pradch

Mi.ii'liy of Home Affairs, iesidi'1/i at

th» VillagL- Amyaii, P.O Amyari, P.S. Ranikhet, Dist. /.lirnna

(UtUirr.i'ch il), iv.ivi chunked rny i ami: anJ shall hi?rv;ifiei

be known as liAVK-Sl-l CHANDRA TANDFY.

It is certilied lhal

I have complied

wiih nih.'i

]rru\

requirements in this connection.

RAMESH CHANDRA

[Sisnature (in existing old name)]

1, hitherto knov.'o

x-, WAMAN GAJBHIYA

S/o

Lato

GAMBHIR GAJBHIYE, employed as DBW (LM), HS-I,

FS No, 152Z, T. No. RX, 17!, at Ordnance Factory Bhan-

dara, Maharashtra,

residing

Ht Ambedkar ward

flhaiidara,

have changed my name and shall

hereal'lcr be known ns

WAMAN CIAMBHIR GA1BH1YF.

It is

certified thru

hHVc complied with

other legal

requirements in this connection.

WAMAN GAJBHIYA

(Signature (in existing old nnnie)]

1, hitherto known as PRALHAD TUK.ARAM MANERA-

IlIRE S/o 7UKARAM MANERAJURK, Agriculturist, re-

siding at Mangsuli Talnka Athani, Dist. Belgaum Pin-591234

(Knrnataka State), have changed mv name and shall here-

after be known as PRALHAD TUKARAM PATIL.

Tt is certified that I have complied with other '.egal re-

quirements in this connection.

PRALHAD IUKARAM MANERAJURE

[Signature (in existing old name)l

I, hitherto known as Smt. POONAM MATHAWAN D/o

Stni S. D. KHULLAR, empl.>yed

ns PA Grade-II

the

Principal General Manager

Telecom

District,

Kalserbugh

Tele.phone Exchange, t.ucknow, residina nt C-279,

Rajaji-

puram, Lucknow-226017, have chanced my name and shall

hereafter be known n« Smt. POONAM.

k is certified that 1 have complied with other legal require-

ments 1H this connection,

Smt. POONAM MATHAWAN

[Signature (in existing old name)]

I, hilhcrto known as C. PRAKASH S/o Late C. S. WIL-

LIAMS, employed as Chargcman Gr-]T (NT) in the Ord-

nance Factory Ambajhaii, Nagpur-440 02), residing at Qr.

No, 1/62/4, 'lypj 111, Ordnance Factory Ambajhari, Nagpur,

liavc cliHngcd my name :ind shall

licrcafter be known as

PRAKASH.

It is ceitifled that I have complied with

other

lcfial

requirements in this connection.

C. PRAKASH

|Signature (in existing old name)]

T, hitherto known as MANISANKAR MAJEE S/o Mr.

I¹. R. MAJEE, employed as L.D.C. in the Ordnance Factory

Ru.ud, Minisliy of Defence, Kolkata, residing at Flat No.

117, Block No. N, P-19, Southern Avetuie, KoIkata-700029,

have changed my name and shall

hereafter be known as

MANISANKAR M17RA.

Tt it certified that 1 have complied with other legal

inurements in this connection,

MANISANKAR MAJEt

[Signature (in existing old name)]

1, hitherto known .is GAYA PRASAD

S/o

Late- Shri

MANI RAM VJSHWAKARMA, employed as

Chargeman

Gr. II Tech in iii« Vehicle Factory, Jabalpur under confiol

o\ OiJnnnce I'.n^tory Hoard, Ministry of Defence, residing at

Mm .L. No 1.1.', I'ariyat Pipciriya, Panagar Road, Dist. Jabal-

riir, Iriv;- L'h.iM(,L\l my name tuid shall hereafter be knowi.

a-. GAYA IT..-SU) VISI1WAKARMA.

It ib ccrtifictl ihat 1 have complied with other legal requi-

iiincnls in this connection.

GAYA PRASAD

[Signature (in existing qfcl aasie)]

8 PART—IV!

THE GAZETTE OF INDIA, AUGUST 11, 2001 (SRAVANA.2U, 1923)

255

I, hitherto known as SEIKHSHABIR S/o Shri SEIKH

SHAD AT, employed as T. No. 4371 Section Canteen in the

Vehicle Factory, Jabalpur, residing at Ajejgang

Pariyana,

H. NO. 1439, Jabalpur (M. P.), have changed my name and

shall hereafter be Tcnown as SEIKH SABBIR.

It is certified that I fcave complied with other legal require-

ments in this connection.

SEIKH SHABIR

[Signature (.in existing old name)]

I, hitherto known as GANESH

S/o

Late

SAHADEO,

employed as Armature Winder Sk. n, T/No. 14402 in the

Shop No. 14, E. Rly., Kanchrapara, residing at C/o

Sri

Sankar Das, Vill. & P. O. Chandua, Via Kanchrapara Dist.

24, Parganas (North), West Bengal, have changed my name

and

shall

hereafter

be known

as GANESH

PRASAD

PASI.

It is

certified that I have complied

with

other

legal

requirements in this connection.

GANESH

[Signature (in existing old name)]

I, hitherto known as NRUSINGHA CHARAN DALAI,

employed as TPM 'A' in South Eastern Railway, residing at

Kenduapada, P.O. Kenduapada,

Dist.

Bhadrak

(Orissa),

have changed my npme and shall

hereafter be known as

NRUSINGHA CHARAN DHAL.

It is certified that • I

have complied with other legal

rgquirements in this connection.

NRUSINGHA CHARAN DALAI

[Signature (in existing old name)]

1, hitherto known as Dr. K. S. VERMA S/o Shri Late

RANJEET SINGH VERMA, employed as Reader in

the

Deptt. of Chemistry, Delhi University, Ramjas College, Delhi,

residing at H. No. 92,

Krishna Gali, Old Gupta

Colony,

Delhi-] 10009, have changed the name of

minor

daughter

CHINKY VERMA aged 14 years and she shall hereafter be

known as CHARU VERMA.

It _ is certified

that I have

complied with

other legal

requirements in this connection.

Dr. K. S. VERMA

Signature of Guardian

1, hitherto known us K. K. SHANTHA KUMAR! \V/o Sri

SYBD MAHMOOD, employed as Upper Division Clerk in

the income Tax Department, O/o the Dy. Commissioner of

Income Tax, Company Circle IV, Chennai-6, residing at D-l.

Income Tax Qrs. No. 88, Baracah Road, Nammalwarpet,

Chennai-12, have changed my name and shall- hereafter be

known as SYEDA BEGAM.

It is certified

tha,t I have

eomplied

with other

legal

requirements in this connection.

K. R. SHANTHA KUMARI

[Signature (in existing old name))

I, hitherto known as SHAUKATALI MAKBUL MANEkl

S/o MAKBUL RAMJAN MANERI, employed as Accounts

Officer in the O/o The Chief Accounts Officer i(DQT CtLL),

B3NL, Maharashtra Telecom Circle, Old CTO BMg.,

2nd

floor, Fort, Mumbai-400 001, residing at E-8/5, P&T Colony,

Vakola, Santacruz (East), Mumbai-400029, have

changed

my name and shall hereafter be known as

SHIVKUMAK

MAGANLAL AGARWAL.

It is

certified that I hay© complied

with

other

legal

requirements. in this connection.

SHAUKATALI MAKBUL MANEIU

[Sfgaattrre (im existing old same)]

CHANGE OF RELIGION

I, K. R. SHANTHA KUMARI W/o Shri SYED MAH-

MOOD, employed as Upper Division Clerk in the Income-

tax Department, O/o the Deputy Commissioner of Income-

tax, Company Circle IV, Chennai^, residing at D-l, Income-

tax Quarters, 88, Baracah Road, Nammalwarpst, Chennai-12,

do hereby solemnly affirm, and declare that I have embraced

to ISLAM and renounced SYEDA BEGUM with effect from

12-12-2000.

It is

certified that

1 have complied with

other legal

requirements in this connection.

K. R. SHANTHA KUMARI

[Signature (in existing old name)]

1, SHAUKATALI MAKBUL MANERI S/o

MAKBUL

RAMJAN MANERI, employed as Accounts Officer in the

O/o Chief Accounts Officer (DOT CELL), BSNL,

Maha-

rashtra Telecom Circle, Old

CTO Bldg., 2nd floflor, Fort,

Mumbai-400 001. residing at E-8/5, P&T Colony,

Vakoia

S'anfaciuz

(East),

Mumbai-400Q29 do

hereby

solemnly

affirm and declare that I have embraced HINDU Religion

and renounced MUSLIM Religion with effect from 03-07-

?001.

It is certified that I have complied with other lejal

requirements in this connection.

SHAUKATALI MAKBUL MANERI

[Signature (in existing old name)]

i U I

Amended Bye-Laws 31 and 354(fc>) of the Rules, Eye-Laws

& Regulations of the Exchange Pertaining to DeaLngs

Options Duly approved

by Sebi

vide

it's

.etter

No.

SMDRP/SEAID-l/BSE/25440/2001 dated 2isc lwarch, 2001

Options in Securities

31. A member, may enter into options in securities

and

dealings therein provided all such options and dealing are

in accordance with the Rules, Bye-Juaws and Regulations cf

the Exchange as well/ as of the Derivative Segment oi the

Exchange and the provisions of the Securities Contracts (Re-

gulation) Act, 1956."

Options

J54. (b) Any contracts or dealings in opiiens which are

not in accordance with the Rules, Bye-Laws arid Regulations

of the Exchangers well as or. the IJ-ejivaiive oigmjiiu oi im

lixchange and the provisions of the Securities Coauac.'s IKe-

gulation) Act, 1956, shall be illegal."

For The Stock Exchange, Mumbai

S. S. VYAS

General Manager, Legal & Secretarial

Amended Rule 104 of the Rules, Bye-Laws & Regulations

of the Exchange pertaining to withdrawal of proposal by a

candidate who may have submitted nculnuticji for iac u.ec-

tion to the Governing Board of the Exchange duly aproved

by Sebi vide it's letter No. SMDRP/SEAID-I/BSE/23>4S/

2001 dated 23rd February, 2001.,

Proposal of Candidates and Withdrawal of Proposal.

104. Any two members of the Exchange may propess and

second candidates eligible for election, to the

Governing

Board. Such proposals .shall be in writing signed by *;x pro-

posers and seconders and by the candidates in token oi their

willingness to stand for election and they shall, reach the

Exchange atleast fifteen clear days previous to the cLte cf

election. A candidate may withdraw his einuid^u-e

oy a

letter in writing signed by him, which shall reach the lT;.c'._f.nge

atleast nine clear days previous to the date of elecLoa,

"For The Stock Exchange, Kambai

S. S. VYAS

General Manager, Legal & Secretarial

Amended Rule W(B) (i) of the Rules, Bye-Laws & Regula-

tions of the Exchange pertaining 10 acquisition of more than

one membership right by way of nomination or ia any other

nutiincr. by a coiporutc member of the Exchange duly

ap-

proved by Sebi vide it's letter No. SMDRr/SEAID-i/BSE/

15059/2000 dated 18th September, 2000.

Composices Corporate Member and Compcacni Msmhers

19B (i) "Whoa a comupny forinv.d and nominated by more

than one membbor oi lue bxel-.augc y admitted as a corporate

member of the lixchange in piace of such members or

corporate member of the Exchange accuires more than one

membership right by nomination, or ia aay other manner hi

accordance with and, subject to the fulfilment of all other ap-

plicable Rules, Bye-laws and .Regulations of the Exchange

including provision^ relating to admission of new members,

such . a corporate member wll be known

as a Compocte

Corporate Member and the membership rights held by the

Composite Corporate. Member wll be known as Copmcnent

Memberships."

For The Stock Exchange, Mumbai

S S VYAS

General Manager, Legal & SecretariJ

2 —190 GI/2001

26i

THE GAZETTE OF INDIA, AUGUST 11, 2001 (SRAVANA 20, 1923)

[ B«T—JV

INSERTION OF BYE-LAW 56A TO THE RULUES, BYE-

LAWS & REOULASTIONS OF THE EXCHANGE,PERTAIN-

ING TO SPECIAL BARGAINS DULY APPROVED

SEBI VIDE ITS LETTER

NO.

SMDRP/SEArD-T/BSIi/

K310/2000 DATED THE fiTH SEPEMBER, 2000

'SPECIAL BARGAINS

56A. The Governing Board or the Executive Director jttuy,

from limto to time, at its/his discretion and subject to tuch

conditions as it/he may deem proper, permit Special Bargains

in the securities admitted to dealings on the Exchange."

S. S. W A S

Genera) Manager, Legal & Secrctwiar

for The Stock txehange, Mumbai

AMENDED RULE 21 OF THE RULES, BYE-LAWS &

REGULATIONS OF THE EXCHANGE PERTAINING 1O

WAVIER OF POSTING OF 15 DAYS NOTICE PJBIOER

TO THE DATE OF ELECTION IF A NEW MEMBER

SHIP RIGHT IS ACQUIRED DIRECTLY EITHER FROM

AUCTION OR WHEN FRESH MEMBERSHIP RIGHT IS

ISSUED BY THE .EXCHANGE DULY APPROVED B\

SEBI VIDE IT'S LETTER NO. SMDRP/SEAlDM/OSli

M754/20OO DATED 1ST JUNE, 2000.

NOTICE

23. A notice of each application for admission wilh the

name*, of tfee recommende-rg shall be posted on the notice

board of the Exchange tor not less than fifteen days previous

to the date of election,

Provided that such notice shall noi be neccssury in ca»c

ot an existing Corporate Member or Composite Corporal c

Member applying for an additional membership light directly

either from Auction of Membership or when fresh member-

ship i» issued by the Exchange.

S. S. VYAS

General Manager, Legal & Secretarial

for The Stock Exchange, Mumbai

INSERTION OF RULE 2.1A IN THE RULES, BYE-LAWS

A REGULATIONS OF THE DERIVATIVES SEGMENT

OF THE EXCHANGE

PERTAINING

UM1TE0

TRADING MEMBER, DULY APPROVED BY SEBl VJDE

ITS LETTER NO.

IBS, DC/13601 /00

DIALED

24TH

AUGUST, 2000,

2.1 A

Limited Membership

(1) The Derivatives Segment may elect and regiiter one

or more persons us Trading members with Limited Member-

ship lights (hoeinaflei

referred to as "Limited

Trading

Members'') in accordance with the guidelines prescribed by

the Governing Cbuncil from time to time.

(2) Subject to the provisions of Sub-rule (3), u Limited

Trading Member shall be a Trading Member in all respect*

and

for all purposes und

thall have all the fights, pri-

vileges,

obligations

and

liabilities

oi a Trading Member

end the Rules, 'Bye-luws, Regulations, puslness .Requirement

Specifications, guidelines and other provisions of, the deri-

vatives Segment, Die Exchange and SEBI in force from

Lime to time shall apply mutatis mutandis to a Limited

Trading Member tw they apply to any

other

Trading

Member.

13) Notwithstanding anything stated above or elsewhere

JH these Rules, Bye-laws or Regulations or the Rules. Byc-

lawi or Regulation* of the Exchange :--

U) A peison need not to be a member of the Exchange

in order to apply for, or to b& digtble for. election

or registration as a Limited Trailing Member; and

Rules 2.3 (i). 2.9 U) shall not apply to a Limited

Trading Member; and Rule 4.1 tvi) shall apply

to u Limited Trading Member in the same manner

as it applies to a Clearing Member;

lii) A Limited Trading Member or ii partner t»r repre-

sentative of a Limited Trading Member shall not.

as such Limited 'lYading Member or partner oi

representative, be entitled to be a member of the

Governing Council or of uny uihei board, council

or committee of the Derivatives

Segment, the

Exchange or

any segment of the Exchange

and

shall not, as such Limited Trading Member of

partner or representative, be entitled to hold any

office or post in the

Derivatives

Segment,

the

Exchange or any segment of the Exchange; and

<iii) A limited Trading Member shall not, as a Limited

Trading Member, be entitled to voting right* on any

matter save and except on a resolution

passed by the members of the Exchange

for

amending the Rules or Bye-laws of the Derivatives

Segmtnt which would prejudicially ulFected the rights

of Limited Trading Member;

and the Rules, Bye-luws and Regulations of the Exchange

shall be construed accordingly.

Provided always thai the provisions oi sub-clause (iii)

above shall not entitle a Limited Trading Member to initiate

or move any resolution but to merely vote on u resolution

of the nature dcsciibcd therein.

(.4)

The Derivatives Segment may from lime to lime

modify any of the prescribed forms in relation to their

applicability to Limited Trading Members or applicants for

Limited Trading Membership or may prescribe other forms

for Limited Trading Membeis or appplicants for Limited

Trading Membership.

(5) "I lie legiitcr of ravmbm muiiiliuncd by the Derivatives

Segment pursuant to Rule 5.1 shall who indicate, in respect

of each Limited Trading Member. th:it such member is

Limited Trading Members."

S, S. VYAS

General Manager. Legal & Secretarial

for The Stock Exchange, Mumbai

AMENDMENTS TO THE BYE-LAWS OV THE RULES,

BYE-LAWS & REGULATIONS OF

THE

EXCHANGE

PURSUANT TO INTRODUCTION OF THE BORROW-

ING AND LENDING SECURITIES SCHEME (BLESS)

DULY APPROVED BY S£BI VIDE ITS LETTER NO.

SMDRP/SEAID-J/BSH'25216/2001

DATED

16TH

MARCH, 2001,

( I) The word "or" shall be inserted at the end of Clause

(vij of Bye-law 316 and the following shall be inserted as

Clause (vii) in. Bye-law 316 :

"(.viij he t'ailj to fulfil or discharge any obligation or

liability under an Approved Scheme I us defined

by Bye-law 418) ur under any borrowing, lend-

ing, contracts, dealings or transactions under or

pursuant to an Approved Scheme."'

(2) Clause. (Q.) or Bye-law 363A shall be renuiubor^d us

Clause (2) and the subsequent Clauses shall be renumbered

accordingly and the following shall bo inserted -is Claude

U> ;

"(1) '"Approved Scheme" shall have the mauling assign-

ed thereto by Bye-law 418.''

13) The fl'xt sub-dausc of Clause S of Hye-lpw 303A

(to be renumbered as Clause 6 pursuant

to the above

amendment) shnll be replaced with the following sub-claus© :

"fb) •"Settlement" shall include an auction settlement f-nd

a settlement pursuant to an Approved Scheme

but shall not include a bad delivery settlement."

(,4) In clause <ii> of Bye-lnw 364. after the words "which

form pen o£ the Exchanges settlement system' the words

•iacludinti seiilemenf. of borrowing, lending

and

other

lnm«ac<km« under or pursuiinl to an Approved Scheme

shall be inserted.

15) In Bye-lav, 373 the portion ••(hereinafter reterred to

as 'members' Ointimiou'. Cootribniion)" shall be replaced

with the following words with a full stop mark after the

procedlni word ''decide" :

FA«T—I\H

iHE GAZETTE OF INDIA, AUGUST 11, 2001 (SRAVANA 20, 1923)

26§

'To the event such member is also a participant in an

Approved Scheme then such member shall contribute

sucfe further amount to the Fund as the

Governing

Borrd. may from time to time decide. The contributions

me: itoned above are hereinafter referred to as "member's

Continuous Contribution'."

(6) Ir Clause (i) of Bye-law 390 after the words "If a

membei fails to pay amount payable by him into the Clear-

ing Home, in respect of any transaction entered into by him"

the

wrU-s "including

any borrowing lending

and

othe'

transactions under or pursuant to an Approved Scheme"

shall be inserted.

(7) ITS the first iine of sub-clause (c) of clause fi) of

Bye-law 393, after the words "is connected with payment

'or tepaynent of a deposit or loan" the bracket and words

"(other ihan a deposit or loan under or pursuant to an

Apprffyst' Scheme)'" shall be inserted.

S. S. W A S

General Manager, Legal & Secretarial

For The Stock Exchange, Mumbai

AMENDMENT TO BYE-LAW 358 (xi) OF THE RULES.

BYE-LAWS & REGULATIONS OF THE

STOCK

EX-

CHANGE PERTAINING TO

ADVERTISEMENTS

MBklBERS DULY APPROVED BY SEBI

VIDE

IT'S

LgTTfiB NO. .SMDRP/SEAlD-I/BSE/6893/2000 DATED

3RD MAY, 2000.

358 (») If he advertises for business purposes or issues

regularly circulars of business communications to persons

other than his own constitute-;, members ©f the Exchange,

basis and Joint Stock Companies or publishes pamphlets,

circalars or any other literature or report or information

rqi'afing 4o tlie stock markets in the public paints with his

nNBe attached unless such advertisements, circulars or other

business co:nriiⁱ.!ni.".i(ioii-i. p:-.mphlc!s,

circulars

other

liteuure or report or infoiniution relating to the stock

KM&ts and tin- marcrwh cons-iin-.-i! therein are in accordance

w|f§E tte provisions i'nd '-iiiildinos as laid down in the

r«s$|j|B6 Rcgi!!;'.'.'&:i or SMCV ol!ie>- guidelines as Governing

%@m§ may from time to time prescribe in addition thereto

q|^%j modification or substitution thereof. '

S. S. VYAS

General Manager, Legal & Secretarial

For The Stock Exchange, Mumbai

AMENDMENT TO RULE 7.5 OF THE RULES, BYE-

LAWS & REGULATIONS OF THE DERIVATIVES SEG-

MENT OF THE EXCHANGE PERTAINING TO ELEC-

TION TO THE GOVERNING COUNCIL DULY APPRO-

VED BY SEBI VIDE IT'S LETTER NO. IES/DC/22643 /

01 DATED 2ND FEBRUARY, 2001.

ELECTION

7.5 (i) Within two months of these Rules, Bye-laws and

Regulations comnig into force, the Trading Members shall

in the manner herein provided elect by ballot the members

of the Governing Council referred to at Rul? 7.2 (i) (a),

(ii) In March of every year, the Trading Members shall

in the manner herein provided elect by ballot the members

of the Governing Council in place of those who retire as

aforesuic.

A retiring member¹ shall be eligible for

re-

eleetior. as provided in Rule 7.12.

Provided that the Governing Council may, in its discre-

tion, exempt the operation of Rnfa 7.4 and Rule 7.5 (ii)

for the election to the Governing Council for the year

3M8L-2OO2.

S. S. VYAS

General Manager, Legal & Secretarial

For The Stoek Exchange, Mumbai

INSERTION OF BYE-LAW 418 IN THE RULES BYE-

LAWS. & REGULATIONS OF THE EXCHANGE PUR-

SUANT TO. INTRODUCTION OF

THE

BORROWING

AND LENDING SECURITIES SCHEME (BLESS) DULY

APPROVED BY SEBI VIDE IT'S LETTER NO. SMDRP/

SEAID-I/BSE/25216/2001 DATED 16TH MARCH, 2001.

Securities Lending And Borrowing

418 (i) Members shall be entitled to lend and borrow

securities and otherwise participate in such securities bor-

rowing and lending schemes or sub-schemes or BOI Share-

holding Limited (hereinafter

referred to

"BOISL") or

other approved intermediaries registered by the Securities

and Exchange Board of TM-'n '"hereinaffc refe ^

to .-is

"SEBI") under the Secuilie-- Lo !><!::••- Scheme. 1997.'..* mav

be from time to time iippinwd bv l!io C>-> •••,, '.-,[•• ;toa d

(hereinafter collective^ refeii.:i <o ;<s "Approved SCI-K-IIW).

The Governing Board mav :it »nj lime in i!s di-Mjiion

withdraw approval to a '•ecuiitios ho'TOni'ii!¹. and !.'r.i!,.ij-.

scheme or sub-scheme previously approwd by it.

(ii) All contracts entered into by or with a Member under

or pursuant to an Approved Scheme shall be deemed to

have been made subject to the Rufes, Bye-laws and Regula-

tions of the Exchange,

(iii) Members shall issue confirmation memos to tfceir

constituents in respect of borrowing and lending transactions

entered into, by them with their constituents or on behalf

of their constituents under any Approved Scheme.

(iv) Uuless repugnant to ore inconsistant with the context

or the provisions of an A*>nrov°d Scheme, th; Rules, ftp-

tews jjnd Regulations

of the lixchangt.

the, Gocfci/Bed

delivery Guidelines issiu.'.: b. .SL'D: anil •>!hcr polices, circu-

lars rules, regulations, •_>iiV.ⁱ:^:no-

;. vi <;:rcei:o;ii of

SEBI

and the Exchange sshall apply mutatis mutandiss to :—

(a) a contragt by a Member to lend securities under

an Approved Scheme in the same manner as they

apply to a contract by a Member to sell .securities;

(b) a contract by a Member to borrow securities under

an Approved Scheme in the same manner as they

apply to a contract by a Member to

purchase

securities;

viously borrowed by him under an Approved Scheme

in the same manner as they apply to a contract by

a Member to sell securities;

(d) a contract by a Member to receive back securities

previously lent by him under an Approved Scheme

in the same manner as they apply to a contract by

a Member to purchase securities;

(e) an obligation by a MembeT to pay any amount er

deliver any security under an Approved Scheme in

the same manner as they apply to an obligation

by a Member to pay an amount or deliver a security

pursuant to a bargain made subject to the Rules,

Bye-laws and Regulations of the Exchange ;

(f) the

failure by a Member to fulfil an obligation

under an Approved Scheme or pursuant to a trans-

action made under an Approved Scheme in the same

manner as they apply to failure by a Member to

fulfil an obligation under the

Rules, By^-laws and

Regulations of the

Exchange or pursuant to a

bargain made subject to the Rules, Bye-laws and

Regulations of the Exchange;

(g) the contract between, and the rights and obligations

of, Members and their clients in relation to .'ending,

borrowing and other transactions under an Approved

Scheme in the same manner as they apply to con-

Sracts between, and

rights and obligations of,

Members and their clients in relation to contracts

for and transactions of the sale and purchase of

securities made subject to the Rules, Bye-laws and

Regulations of the

Exchange.

264

THL GAZETTE OF INDIA, AUGUST 11, 2001 (SRAVANA 20, 1923)

[PART—IV

(V) A breach by a Member of the provisions of an Approv-

ed Scheme or of any rules, procedures,

notices, circulars,

directions, guidelines or provisions issued

or made by the

concerned approved intermediary

shall be deemed

to be

a violation by the Member of the Rules, Bye-laws and Regu-

lations of the Exchange or of rules, procedures, notices, cir-

culars, directions, guidelines or provisions issued or made by

the Exchange, and the Exchange shall be entitled

hike

proceedings

and action against the Member accordingly in-

cluding suspension of his membership rights, expulsion or

declaration of default.

(vi) If the rules or procedures (by whatever name called)

of an Approved Scheme provide that a member's member-

ship rights shall stand

suspended or a member shall stand

declared

as a defaulter

the

event

of occurrence of

a specified

event then the member's membership rights shall

stand suspended or the member shall stand declared as a

defaulter under the Exchange's Rules, Bye-laws and Regu-

lations in the event of occurrence of such event.

(vii) All claims (whether admitted or not), disputes and

differences between a Member and a non-member arising out

of or in relation to borrowing, lending, contracts, dealings

or transactions under or pursuant to an Approved Scheme

or with reference to anything incidental thereto or in pur-

suance thereof or relating to their construction, fulfilment or

validity shall be referred to and decided by arbitration as

provided in the Rules, Bye-laws

and Regulations of the

Exchange relating to Arbitration Other than Between Members.

(viii) If any claim (whether admitted or not), dispute or

difference arises between a sub-broker who is registered with

SEBI as Affiliated with a member and his constituent wising

out of or in relation to borrowing, lending, contracts, dealings

or transactions under or pursuant to an Approved Scheme

or with reference to anything incidental thereto

or in pur-

suance thereof or relating to their construction fulfilment or

validity or in relation to the rights, obligations and liabilities

of the constituent, the sub-broker or the member in connec-

tion therewith,

then such claim, difference or dispute shall

be brought, to the notice of the member by the constituent

in wrting witb'n s^;x months

from the date of the claim,

dispute or difference arising and the same shall

as far

£s

possible be settled with the help of the member failing which

it shall be brought to the notice of the Exchange for rtso-

lutioo.

If a claim, dispute or difference persists, the same

shall be referred to and decided by arbitration as provided

in the Rules,

Bye-laws and Regulations of the Exchange

relating to Arbitration Other Than Between Members.

(ix) All claims (whether admitted or not),

disputes and

differences between Members arising out of or in relation to

borrowing, lending, contracts, dealings or transactions under

or pursuant to an Approved Scheme or with reference to

anything incidental thereto (including claims, complaints, dif-

ferences, and disputes relating to errors or alleged errors in

inputting any data or command in the Exchange's compteris-

ed trading system

in execution of any orders or trans-

actions on or by such trading system)

or in

pursuance

thereof or relating

to their construction,

fulfilment

validity and any question or dispute whether such borrowing,

lenidng, contracts, delings or transactions has or have been

done or entered into or not shall be referred to and decided

by arbitration as provided in the

Rules, Bye-laws and Regu-

lations of the Exchange

relating to Arbitration Between

Members.

For The Stock Exchange, Mumbai

S. S. W A S

General Manager, Legal & Secretarial

INSERTION OF RULE 257 B IN THE RULES, BYE-

LAWS & REGULATIONS OF THE EXCHANGE

PERTAINING TO PROVISIONS FOR AMALGAMATION

AND DE-MERGER OF CORPORATE MEMBERS OF

THE EXCHANGE DULY APPROVED BY SEBI VIDE

IT'S LETTER NO. SMDRP/SEA1D-I/BSE/18037/2000

DA1ED 14th NOVEMBER, 2000

AMALGAMATION AND DEMERGER OF CORPORATE

MEMBERS

Definitions

257B (1) In this Rule, unless repugnant to

the

context

or meaning thereof :—

(i) "Company" means a company or other body cor-

porate incorporated unde rany law.

(ii) "Corporate Member" means

member

the

Exchange which is a company.

(iii) "SEBI" means the Securities and Exchange Beard

of India established under the Securities -and BK-

change Board of India Act, 1992.

SEBI's and Governing Board's Consent For

Amalgamation

of Corporate Member

(2) A Corporate Member shall not amalgamate with any

other company and no company shall amalgamate with any

Corporate Member except with the prior permission of SEBI

and the Governing Board and subject to such

terms

and

conditions as SEBI and the Governing Board may stipulate.

SEBI and/or the Governing Board may refuse to

consent

to such amalgamation for such reasons as it considers fit

and proper including (but not limited to) on account of any

disciplinary proceedings pending against any of the parties

or their directors under the Securities and Exchange Board

of India Act, 1992 or any

rules

regulations" framed

therein or under the Exchange's Rules Bye-laws and Regu-

lations.

The Governing Board may expel

the

concerned

Corporate Member in the event of a breach of this Rule,

Prior to granting such consent the provisions of Rule 23 of

the Exchange's Rules, Bye-laws and Regulations

shall

complied with in respect of the transferor and the transferee,

and the Governing Board shall consider

any

claims

and

objections which may be received.

Consequence of Amalgamation of

Corporate Member with

Non-Member Company

(3) If, pursuant to SEBI's and/ or the Governing Board's

consent and in accordance with the terms

and

conditions

stipulated by SEBI and/or the Governing Board, a Corporate

Member ("the transferor company") amalgamates

with

.company which is not a Corporate Member ("the transferee

company") and the scheme of amalgamation provides that

the transferor company's right of membership of the

Ex-

change shall vest in the transferee company consequent

such amalgamation then, immediately upon the amalgama-

tion becoming effective :—

(a) the transferee company shall be deemed to be

member of the Exchange in place and stead of the

transferor company without ;he

transferee

com-

pany being required

pay

and

membership,

entrance or admission fee to the Exchange; provided

always that the transferee company shall not

deemed to be a member of the Exchange until the

transferee company complies with all

the

condi-

tions as applicable to such member, such as pay-

ment of registration fee, etc., as per the applicable

SEBI Regulations;

(b) the registrations, if any, of the transferor company

as a Trading or Clearing Member of the Deriva-

tives Segment of the Exchange and all other regis-

trations of the transferor company with any other

segment of the Exchange shall vest in the

trans-

feree company without

the

transferee

company

being required to pay any membership,

entrance

of admission fee;"

PART—iv]

T H F G A Z E I T E O F INDIA, A U G L S T J I , 2001

CSRAVANA 20, 1923)

265

member of the Governing Board of the Exchange

or any other board, council or committee of the

Exchange or who holds any oifice on the Exchange

at the time of the

amalgamation

shall

continue

to' be such member or to hold such post (but as u

nominee of the transferee copmany) for so long as

he would have held such post if such amalgamation

had not occuned unless he ceases to be a whole-

time/designated director of the

transferee

com-

pany or otherwise prematurely vacates or becomes

ineligible to hold such office or be such member

under any other Rule or any law. The transferee

company shall not have the right to fill in

the

vacancy and the vacancy will be filled in

accor-

dance with the provisions of the Exchange's Rules,

Bye-laws and Regulations;

(rf) the transferee company shall be entitled to and be

bound by all the rights

and

obligations

the

transferor company; and

(e) the transferee company shall be liable for all acts

and omissions of the transferor company prior

the amalgamation, and any disciplinary, arbitration

or other proceeding which, but for such amalga-

mation, could have been commenced or continued;

by or against the transferor

company,

may

commenced or continued by or against the trans-

feree company.

Provided that —

(i) Sub-Clause (a) shall not apply if the

transferee

company is ineligible to be or continue as A mem-

ber of the Exchange under the Securities Contiacts

(Regulation Rules, 1957,

The Securities &

Ex-

chance Board of india (Stock brokers :md

Sub-

brokers) Rules. 1992, the Rules, Bye-laws and Re-

gulations of

the Exchange

or any

other

law;

and

(ii) Sub-Clause (b) shall not apply if the transferee

company is insligible to be or to continue to be so

registered under the Rules, Bye-laws and

Regula-

tions of ihe Exchange or of any segment of

the

Exchange or under any other law.

Consequence of Amalgamation of Corporate Member with

another Corporate Member

(4) If, pursuant to SEBI's and the Governing Board's con-

sent and in accordance with the terms and condi-

tions stipulated by SEBI and the Governing Board,

one or more Corporate Members ("the transferor

company" or "the transferor companies") amalga-

mate with another Corporate Member ("the trans-

feree company'") or two or more Corporate Mem-

bers ("the transferor comp.'.'^-'" riiiirl:.,im-ti? with

a company which, is not a I >••:\wisle Mimrci ("the

transferee company") and the scheme of amalga-

mation provides that the transferor Company's or

the transferor companies'

(as the case may

te)

right of membership of the Exchange shall vest in

the transferee company consequent to such amalga-

mation then, immediately upon the amalgamation

becoming effective, the provisions of Sub-Rule (3)

shall apply mutatis-mutandis subject to the follow-

ing modifications —

(a) If nominees of two or more of the Corporate Mem-

bers are directors or members of the

Governing

Board of the Exchange or any other board, council

or committee of the Exchange or hold any offices

on the Exchange, and the Rules or any other law

do not permit more than one nominee of the same

Corporate Member to be such director or member

or to hold such office then, prior to the amalgama-

tion, the transferor company or companies and the

transferee company shall jointly inform the Govern-

ing Board who will cease to' be such director

member or vacate such post as may be required

failing with the Governing Board shall be entitled

to decide

which

director/member

shall

vacate

office;

(b) The transferee company shall be deemed to be a

Composite Corporate Member; and

the

transferee company hold more than one registration

as Trading and /or Clearing Member of the Deri-

vatives Segment of that Exchange or hold any other

common registrations of any other segment of the

Exchange then unless the provisions relating to such

registrations permit the same Corporate Member to

have more than one registration, prior to the amal-

gamation the transferor company or companies and

the transferee company shall jointly

inform

the

Governing Board which louisf•'iilionCst shall cease

failing which the fioieinin;; I'oiini <-!uii be entitle

to decide which registration(s) shall cease.

Governing Board's Consent For Demerger by

Corporate

Member.

(5) A Corporate Member shall not undertake a scheme

of reconstruction or demeger except with the prior permis-

sion of SEBI and the Governing Board and on and subject

to such terms and conditions as SEBI and/or the Governing

Board may stipulate.

The Govtrning Board may expel

Corporate Member in the event of a breach of this Rule.

Consequence of Demerger by Corporate Member

(6) If, pursuant to SEBI's and the Governing Board"s con-

sent and in accordance with the terms and conditions stipu-

lated by SEBI and/or the Governing Board, a

Corporate

Member ("the transferor company") undertakes a scheme of

reconstruction or demerger whereby, pursuant to the order

of a court or other statutory authority, the transferor com-

pany's right of membership of the Exchange vests in a wholly

owned subsidiary of the

transferor

company

("transferee

company") then, immediately upon the reconstruction or de-

merger becoming effective, the provisions of Sub-Rule (3)

shall apply mutatii-mutwidis.

For THE STOCK EXCHANGE MUMBAI

S. S. VYAS

General Manager, Legal & Secretarial

•SlKTHD BT THE MANAGE*, GOVWiKBMT OP WDU MESS, FASIDUAD,

«N» TOMJSHED BY THE CONTROIAE* Off PUBLICATIONS, »«1JB, 2 0 0 1