This Gazette may contains Multiple Subjects

REGISTERED No. DL—33001/2001 The Gazette of India

PUBLISHED BY AUTHORITY

NO. 38] NEW DELHI, SATURDAY/ SEPTEMBER 22, 2001 (BHADRA 31,1923) (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 OF1NDIA. PERSONS NOTIFYING TUB ADVERTISEMENTS/ PUBLIC NOTICES WILL REMAIN SOLELY, RESPONSl- BLE FOR THE LEGAL CONSEQUENCES AND ALSO FOR ANY OTHER MISREPRESENTATION ETC.

BY ORDER Controller of Publication

CHANGE OF NAMES

1, hitherto known as AMOL S /o Shri RABINDER SINGH, residing at 751, Sector-55, Faridabad, have changed my name and shall hereafter be known as A M OL VERMA.

It is certified that I have compiled with other legal require-

ments in the connection

A M OL [Signature (in existing old name)] 1-250 GI/2001

(291)292 THE GAZETTE OF INDIA, SEPTEMBER 22, 2001 (BHADRA 31, 1923) [PARTJ^IV I, hitherto known as MOHD. BALA S/o Late SHAHA-.

BUDDIN, employed as R. M. in the O/o Dy. G. M. Tele- com Project, Anisabad, Patna-800 002. residing at Qtr. No. 6, Type-II, Kidwaipuri. Pnina have chanced my name and i,hall hereafter be known as MOHD. ^QUBAL ANSiARI.

I, hitherto known as Y. SUDHAKAR RAO S/o Late DANDASI, employed as Assistant Safwyer in the Mill Sec- tion. Saw Mill Division, Chatham, Forest Depastment. resid- ing c.t Haddo, Port Blair, Andaman District, have changed my name and shall hereafter be known as K. GANA- PATHL

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

ft ie certified that I have complied with ether ' legal re- quirements in this connection.

requirements in this connection.

Y. SUDHAKAR RAO [Signature (in existing old- name)]

MOHD. BALA [Signature (in existing old name)]

I, hitherto known as MAHESH KUMAR H/o PYARE LAL, employed as Section Officer (Comnie.cial) in the office of the Principal Director of Commercial Audit & Ex-officio Member Audit Board, Ranchi Unii : RAO/CMO/SAIL. Kolkata. residing at RZ-E 668/33, Street No. 19. Sedh Nagar-n, Palam Colony, Xe.v Dclhi-110045, have changed my name and shall hereafter be known as MAHESH KUMAR DIXIT.

I, hitherto known as NASAYANAMMA W/o Late PAID! PAPAYYA, employed :>s Khalasi Helper in the T. No. 24193, Shop No. ?A Carriage Shop, SUB. Rly., Work- shop KGP, residing at Qr. No. I/23A1, Unit No. 2, New Settlement Khara°pur-7213G1 (West Bengal), have changed my name and shall hereafter be knowr> as PAIDI NARAYANAMMA.

!lt is certified that I have complied with other Set"a!

requirements in this connection.

It is certified that I have complied with other legal

requirements in this connection.

MAHESH KUMAR [Signature (in existing old name)] LTI of NARAYANAMMA iSignature (in existing old name;]

T, hitherto known as G.ANI MIA OR ABDUL GANI S.'o RAHAMATULLAH, employed as Generator Helper in the Kajnarhati Company Ltd., Kamarhati, CaJcutta-58, residing at 5/13. New Line. Kamarhati, Calcutta-58, have changed ray name and tall hereafter be known as ABDUL SAHIM.

It is certified that I bave complied with other legal

requirements in this connection.

I, hitherto known as NAGEN S/o Late GOPINATH RAY, employed r.s Rivit-r. Gr II j,< the Shop No. 14, Plate Shop T. No 14255. S.E. P.'y. Workshop, Kharagpur, resid- ing at Kharida Rajgram. Adivasipara, Ward No. 12. Kharida, Post; Kbaragpur, Dist. Midnapore, have changed my name and shall hereafter be known as NAGEN RAY-

GANI MIA OR ABDUL GANI [Signature OB existing old name)] It is certified that I have complied with other legal require-

ments in this connection.

NAGEN

[Signature (in existing old name)]

T, hitherto known as JAGA RAO S/o Late SIMAYYA employed an Sr. Gangman in the Sr. Section Engineer P. Way-I Workshop, Kharagpur. residing at Rly. Qr. No. 291, Unit-23, Old Dcvelormir/it, Kharagpur (P.O.) Dist. Midna- pore, West Bengal, have changed my name and shall here- after be known as D. .TOGA RAO.

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

quirements in this connection

JAGA RAO [Sgftatnre (i" "feting- old saws)] I, M'herto !-nown as GADAPA SANKARA RAO S/o Late G. APPA RAO, employed as Technician Gr. Ill, Mill- Wright Shop No. 10, S. E. Rly., Workshop, Kiharagpur, Di<\ Midnapore, residing at Block No. L/19A1. Unit No 13. New. Settlement, Post. Kharagpur, Dist. Midnapore, have changed my name and shall hereafter be known as KOLA SANKARA RAO.

It is certified that I have complied with father Segal

requirements in this connection.

I, hitherto, known cs SAVITA LATYAN W /c Sh, A JAY. KUMAR LATYAN, as Self employed (Paltrier s) in M/s. Lisa Exports (India), E-3, 4th Floor, ND.S.E.-II. New Delhi-110049, residing, at 186/1, Gautam Nagar, New Oc'hi-110 049, bave changed my name and ^haH hereafter bs known as S WTTA CHAUDHRY.

GADAPA SANKARA RAO [Signature (in existing old same)]

ft is certified that I have complied with other legal

requirements in this connection.

SAVITA LATYAN [Signature (in existing old name)] I, hitherto known us SAHADEO TULSIRAM S/o Shri TULSIRAM, employed as DBW (1M) HS II, F. S. No. 1487. T. No. 131, R. K. Section in Ordnance Factory. Bha"d.iru- 441906, residing at SaleLuvd¹, : c-st Pipadi, Teb. & Distt. Bhandara, have changed my came and shall hereafter bo known as SAHADEO TULSIRAM B A WANE.

It is csrf;fier! tha* I have ;">mr;lied with other lepr.j .eqwe-

I, hitherto known as AMARJEET CHANNA S/o Shri AMRIK SINGH CHANNA, residing at House No. 239, Secior 15-A, Faritiabad, Haiyaiki, have c;;ungeu ;!it name of minor daughter AMANPRFET KAUK, rijred 8 years and she shall hereafter be known as KIRAN DEEP KAUR.

• 1, hitherto known as SHYAM LAL SHARMA S/o Ute Shri BUDHI RAM SHARMA, employed as Senior Labora- tory Tech. in the Safdarjang Hospital, New DeIhi-110029, residing at E-995, Laxmi Bai Nagar, New Delhi-110 023, have changed mv name and shall hereafter be known as SHYAM LAL KULASHR1.

It is certified that I have complied with other legal

requirements in this connection.

It is certified that I have complied with other legal

requirements in this connection.

AMARJEET CHANNA Signature of Guardian SHYAM LAL SHARM

[Signature (.in existing old nam©)|

I, hitherto known as PARAMJEET KAUR W/O AMAR- JEET CHANNA, :esi.iing a'. Hou-.e No. 23';, Secior J5A, :aridabad. Haryana, have changed my name and shall hereafter be known as 1NDERPAL KALT¹i.

It is certified that I have complied ~\'h otter legal

requirements in this connection.

1, hitherto known as NABIN S/o Late U D AY MANDI, employed as TPM 'A' in the Chief Yard Master, S. E. Rly. Nknpura, Khatagpur, residing at Vill. Jhargeria, P.O. Jora- khati, P. S. Jhargram, Dist. Midnapore, have changed my name and shall hereafter be known as NABIN MAMDl.

It is certified that I have complied with other legal

PARAMJEET KAUR [Signature (in existing old same)] requirements in this connection.

NABIN

[Signature (in existing old name)}

I, hitherto known as SANGEETA PURI W /o DHANESH NAYYAR, residing at House No. 27C, Sector 15 A., ]-arida- bad, Haryana, iiuve changed my name and shall hereafter be known as DISRA NAYYAR.

It is certified that I have complied with other legal

requirement* in this connection.

I, hitherto known as HEMA MAJDU RIKAMA S/o MAIDU KHANU RIKAMA, employed as Darwan ij the Machine Tool Prototype Factory, Ambaraath, residing at Vadalgoau Post Ambarnath Tal Ulhasnagar, have changed my name and shall hereafter be known as HEMANT MAIDU RIKAMA.

SANGEETA PURI [Signature (in existing iOd name)] It is certified that I have complied with other legal

requirements in this connection.

HEMA MAIDU RIKAMA [Signature (in existing old name)]

I, hitherto known as KiOPURI LAKSHMI W/o ALA- MOTHU VEJAY KUMAR DATH. residing at Door No. 38-31-57, Grten Gardeiu, Marriapaljm, Vi;-aki)apatnam- 530018, bay, changed my name and shall hereafter be known as ALAM0THU LAKSHMI PRASANNA.

It is certified that I have complied with other legal

requirements in Shis connection.

KOPURI LAKSHMI [Signature (in exhtinj eld name)] 1. hitherto known as Dr. HEMANT KUMAR S/o Shri NATHU LAL, employed as Scientist in the Centre for Bio- chemical Technology, Mall Road, Unive/sTts Campus, Delhi, 110 007. residing at C-410, Sector-19, Rohini, Delhi, have changed my name and shall hereafter be known as Dr HEMANT KUMAR GAUTAM.

It is certified that I have complied with other legal

lequiicnurKs in this connection.

Dr. HEMANT KUMAR [Signature (in existing old name)l

i, hitherto known as BHOPALA DHANANJAYA S/o MODDUNOLA PAPAIAH. employed as Sr. Accountant in the O/o the Accountant Gen-jwi ?A*H>, A.P. Hydeiabad, residing it H. No. "?—84. Nsnakram Gudf, Ranga Reddy District, A.P. Hyderabad, have changed aiy Surname and i-hall hereafie; be known as MODDUNOLA DHANAN- JAYA.

• ,

It is certified that I have complied with other legal

requirements in this connection.

BHOPALA DHANANJAYA [Signature (in existing old name)] I, hitherto kn*wn as NAKAYAN PRASAD PRADHAN S/o Late PRAHLAD CH. PRADHAN, employed as Sr. UDC in the O/o the Tug Engineer, Paradip Port Trust, residing at Qr. No. MB/231, At-Madhuban Paradip Port, J. S. PITI, f'rissp, have changed my name and shall here- after be known as NARAYAN PRASAD MOHAPATRA.

It is certified that 1 have compiled with t the. legal require-

ments in this connection.

1, tvhrr'o ' r w /n ns DHARMU S;'o Shri JAI R/VJ, employej as R. M. in the Mahanagar Telephone Nigam Ltd., New Delf.M. rp^Minp at 0-4/104, Rohini Extension, Sector- 20, Delhi-110 041, have changed my name and shall here- after be known as DHARAM RAJi

Tr is certified that I have complied with other legal NARAYAN PRASAD PRADHAN [Signature fin existing old same)]

requirements in this connection.

DHARMU [Signa'ure (in existing old name)] ) hitherto known as BINOD RAM B^SFQRE S/o Late PARMA RAM BASFORE, employee* as S/Helper (Mech.)

1, JiUherlo known as SEEMA KAPOOR W/o KANWAL- JIT SINGH, residing at 185, Aravpli Apartment, Alaknanda Kalkaji, New Delhi-19, have changed my name and shall hereafter be known as SIMRAN KAUR.

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

I: is certified that I have complied with other legal require- quirements in this connection.

ments in this connection.

SEEMA KAPOOR [Signature (in exiting old n 'me)] BTNOD RAM BASFORE [Signature (h ewMn;; old name)]2$~ THE GAZETTE' OF INDIA, SEPTEMBER- 22, 2001' (fcHAURA* 31;- 1923) #ter~~lU 7/23, LIG fc#ogap}Hir Wfest,' CBe#haf'6O0W8/! h*Ve"<*aHged my name- and snail¹" hereafter be known as JUl't^TfE N: FRANCIS:

It is certified that I have complied • with" other- l e ^l I,' hitherto kaovn us INDEfe BALA W /O Late Shri PA.WAN KUMAR, employed as Junior Attendant in the GNG€> Ltd., Tel Bhavan, Dehra Dun. residing at A-12/11, ONGG Colony, Knuhgirii Road, Dehra Dan, have changed my name and shall hereafter be > known as INDU BALA.

requirements in this connection.

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

E-. JfefNATTE'-N.-' F"SW"tS" '•itiiremenls in this connection.

[Signatute (in existing old na;ne)J

JNDER BALA [Signature (in existing old name)]

1, hitherto, known as SHRI TARANICHARAN BHARAT PADHL S/o BHARAT PADHI, employed as Peon ia--4hh"Jt. General of Foreign Tratie ;n MiiittbSt residing*- at>- fesaa Cottage Cfakwl, SaharRoad, KoldOTgri, A"dftire''E* Mbn^Mft' 69, have changed my name and shall hereafter be known as BrSHNU CHAtrAN B"ARlAT PAWHI:

I. hitherto known as BATLAOU S/o Late PARKATIA umjrtayed as R!y. service Safaiwala in the O/o the Station Manager, KhJI aapur. S. E. Rly., residing at Rly. Qrs. No. 1/ OS/8-12, at Dhimsing-Maidun. P O. Kharagpur, have chang- ed my name and shall hereafter bs known as BAILADU NAIK.

'2 95

'ZS6

297 2*5 2&8

facilities that me available in case ol \\Wi ari-.j network or where the terminals a'c to be located ar one site, by connecting the same with the Central '! lading Engine under Locn] Area Network or a combination of both us per the decision ot the Council. The Council is also cm- powered to have special trading session for such number of hours on such days they deem tit vieeesj.uy to have the smile taking into consideration the market needs/require- ments.

5.2 However, in CHSC; where due to ciiciini-;i;mcts beyond control viz., connectivity is noi possible in be i^sloicd or under and other circumstances like force maJL'ure, the Council of Management may permit the mcmbci:: to trans- act business >:n the Floor of the Exchange. In case of floor trading, no person shall be admitted to the Floor of the Ex- change unless he complies with the requirements prescribed in the concerned regulations of Bye-laws of such other requirements as the Council of Management may. from time to time prescribed in addition thereto or in modification or substitution thereof.

5.3 Deals may be effected through order driven, quote driven or such other system as the Exchange may put in place for then" trading segments from time to time.

5.4 Deals between members may be effected bv electronic media/computer network or such other media as specified by Council of Management from time to time.

5.5 Deals may be effected on spot, ready or on such Otfccr basis as may be specified by the Council of Management from time to time subject to the Securities and Exchange Bourd of India Act, Securities Contracts (Regulation) Act and Rules and the directioas of 'he SEflf.

5.6 Transaction at Best Quotation

In transactions with or on behalf of clients members must indicate to the clients the current best quotation as reflected in the trading system.

5.7 Operational Parameter for Trading

The Council of Management may determine and ,i:inounce from time to time, the operational paraim'Tcis regard ing deal- ing in securities on the Exchange which members shall adhere, to. The operational parameters may inter alta include ;

(a) trading limits allowed which ,nay indnrte trading limits with reference to nctworth ami capital ude- quacy norms:

(b) trading volumes and limits i•; ivhicr; it will be incum-

bent for members to intimate the exchange;

(c) Limit of spread between bid nm' offer of different

securities, if deemed ncccssa y;

(d) fixation of market lots, udd lots ;md/i.r minimum number of securities to be offered to he bought or to be sold;

(e) limit of variation within i. driv or £i\\\ in bid or MADRAS STOCK EXCHANGE LIMITED

rtftdr prices;

AMENDMENTS TO BYE-LAW APPROVE 15 BY Still

(AS ON 31-1-2001)

(f) other matters which may affect smooth operation of trading in securities keepiiia in vie^v the interest* of public at large;

EXISTING 8YE-LAW No.

(g) determine the type of troles permitted for a member EXISTING BYE-LAW

and a security;

REVISED BYE-LAW NO,

KEVJSED BYE-LAW

(h) determining functional doiai's of the trading system including the system designed, users infrastructure and systems operation,

5. Trading Sessions on the Floor of the Exchange

5.K Suspension on Failure to Meet Trading Limits Meetings of members for trading purposes to be cJled trading sessions shall be held on the* floor of. the Exchange im th" days and during the hours prssci'ibed in the relative Heftulation or on such other days or iltrint' Kiit.h ether hours as the Council of Management may from lime to time prescribe in addition thereto or in modification or substitution thereof.

A member failing to restrict dealing on the Exchange to its trading limits as provided in the Rye Laws nnd Regu- lations, shall be required bv the Council of Management to reduce dealings wilhin trading limits foithv.itn, The Coun- cil of Management in its discretion, may suspend a member for violation for trading limits wiiich fhuli continue until the withdrawal thereof by the Council itf Wanajv.menl. 5.1 Trading Session

6. Altering Time of Trading Session

The. trading will also be p"rmitted to be cwiitfil on through computers, i.e.. Screen-Based Trading by connecting ihe mcra- bchf office with the Exchange, wherein the Central '[lading Erjgifto will be located, through telecommunication facilities, viz., Leased Lines. Satellite/VSAT or through Kirch other

The Council of Management or (he P.vsidcit may reduce, extend or otherwise alter the time of M>I i:;;di;i£ .session or sessions on the Floor of the E\0'ian,:o im an;. r> circular day.

The Council or the President mdy J educe, extend or other- wise alter the time of any trading session or sessions, in respect of Screen Based On-Line Trading ny connecting the computer or in respect of Floor Trading as the case "may be, on any particular day. The tiali.ig will however he for a minimum of 4 hours or for 5uch bouts a-, may he" deckel by the Council/President between Monday through i'ri-Jhv including the time provided tor ^uctioi'iny on puctiori usys or wheie trading time is being externicd 'oi a:>;ii>lir"-' "i-i members who are desiring to transact business in odd lut, small lot, debenture etc.

8. Trading Sessions outside Prescribed hours and Street Trading Forbidden

Meetings of members for trading purposes shall not be Jield either on or off the Floor of the Exchange before or after the hours of the trading sessions fixed in accordance with these provisions and no calling cut of prices, tids or offers or trading in the street or at the entrances to or m "the""vicinity" of the Stock Exchange shall be allowed. - Members shall not be permitted for trading purposes either on or off the Floor of the Exchange before or alter the h o u rs of t r a d i ng s e s s i on f i x ed in n .. . ^ n V ' , . ? *; n ^ 'i t h e se { • • r e- v i s i o ns or be ! ) • .. i r i i t t c ci to r ^ c - s Ue . ' m s :; ! i> • T : , - . L I ' - . : IS b e f o re or a f t er t he s \ s i jm is o i lo * i:\ • . ':- v , . 'J ! .• i " : n l:i i ;> - in t m d i ng 243A REGULATION OF TRANSACTIONS BETWEEN CLIENTS AND BROKERS

Notwithstanding anything to the contrary contained in these Bye-laws, the following shall regulite the transactions between Clients and Brokers.

243A (1) It shall be compulsory for all Member biokers to keep the money of the clients in a separate account and tneir own money in a separate account. No payment for transactions in .which the Member broker is taking a position as a principal will be allowed to be made from the client's account. The above principles and the circumstances under which transfer from client's account to Member broker's account would be allowed are enumerated below :

243A (1) A Member broker to keep Accounts

Every member broker shall keep such books to accounts, as will be necessary to show and distinguish in connection with his business as a member :

. (i) Mo'v-.> i^-.-i¹..vi riv!i!i or on account of and moneys ,\r>: h> (n on :sc:oini of each of his clients and, (ii) the moneys received and the moneys paid on. Mem- ber's own -account..

243A (1) B Obligation to .Pay Money into- "Clients Accounts"

of a u c t i on d a : .s f or - . I I CM o M v i i d cd l i m- . : •. ' i wy he d e c i d e d/ fixed by the C\)ii'ici! i'r-.-i'.icnt Executive Director and no calling out pr-c-. i>f !•>•<'•. ;:.•..'. ( '!'.:;• i.f'.er the closure oi sys- tems will be i'.cMpi-.'d K'jond iiic ii.no stipulated. Fuither. members will riot ;:!-"> '•••-' pt"i:i!iU'il i>> trade either in the street or at the entrance, or in ihe vicinity of the Stock Ex- change.

Wherever the term "Admission to tbe Floor" appears under Bye-laws 8. 9, 10, 13 of the Rules, Bye-laws & Regulations of the Exchange or elsewhere, it also refers to admission to jnembers office in cases where business is permitted to be carried on through computers viz., Screen based Trading, by connecting the brokers office through Modem under Closed Users Group or through VSAT v/ith tils help of leased lines under Wide Area Network facilities or in cases where the business is to be permitted under Local Area Network, to the Exchange premises. However, where connectivity facilities for carrying on ths operation in the office of member firms fails under wide area netwoik, one representative of that firm will be permitted to operate ai the contingency site to be provided at the Exchange premises, 12, Admission to the Floor of the Exchange

No person shall be admitted to the Floor of ihe Exchange unless he complies with the requirements prescribed in the relative Regulation or such other iv^nircmcrts_ as the Council of Management may from time to linK prescribed in addition thereto or in modification or •.iibsinuio:! I'.'-reof. 12(a) In cases as provided under Bye-law 5.2 if the mem- ber is a firm, it may authorise such persen(s) not exceeding four in number as decided by the Council of Management for transacting business on the Floor of Exchange.

12 (b) For the purposes of the above Bye-law, the member firm shall in advance forward to she Exchange the namefsi of the person(s) authorised to transact businessforand on behalf of the firm on the Poor of the Exchange.

14. Management on the Floor of the Exchange The management on the floor of the Exchange and ihe regulation of the entrances thereto shall be in charge) of the employees of the Exchange acting under the authority of the Secretary.

The Manacment on the Floor of the Exchange or at the p r e m i s es w h e re c o n t i n g e n cy s i te ;= r> ! "? i o c it"H - . nd t he r e g u- l a t i on of t he e n t r a n c es t h e r e to - ' • . ! '• ' - .: - • • : :. ( >" t "e e m- p l o y e es of t he E x c h a n ge a c t i ng • : ; • > ! .; • J .• •> •: oT t ne Secretary.

Every member broker who holds or receives money on. account of a client shall fortrwith pay such money to current or deposit account at bank to be kept in the name of the member in the title of which the word "clients" shall appear (hereinafter referred to as "clients"account").- Member bro- ker may keep one consolidated clients account for all the clients or accounts in the name of each client as he thinks fit: . - - -

Provided that when a Member broker, receives, a.cheque or draft representing in part money belonging to the client and in part money due to the Member, he shall pay the whole of such cheque or draft into the clients account and effect subsequent transfer as laid down below in para D (ii). 243A (1) C. What Moneys to be Pard into "Clients Ac- count"

No money shall be paid into client's account other than :—

(i) money held or received on account of clients; • (ii) such money belonging to the Member as may be • necessary tor the purpose of opening or maintaining the account;

(iii) money for replacement of any sum which may by - mistake or accident have been drawn from the ac- count in contravention of para 15 given below;

(iv) a cheque or draft received by the Member represent- ing in part money belonging to the client and in part money due to the Member.

243A (1) D What Moneys to be Withdrawn from "Clients Accounts"

No money shall be drawn from client's account other than :—

(i) money properly required for pay meat to or on behalf of clients or for or towards payment for a debt due to the member from clients or money drawn on client's authority, or money in :respect of which there is a liability of clients to the Member, pro- vided that money so drawn shall not in any case exceed the total of the money so held for the time being for such each client;

(iii) money which may by mistake or accident have been paid into such account in contravention of para C above.

243A (O E Right to Lien, Set-off etc., Not Affected Nothing in para 1 shall deprive a Member broker of any recourse or right, whether by way of lien, set-off, counter- claim, charge or otherwise against moneys standing to the credit of client's account.

243A (2) It shall be compulsory for all Member brokers to keep separate accounts for client's securities and to keep iuch books of accounts, as may be necessary, to distinguish such securities from his/their own securities. Such accounts for client's securities shall, inter-alia, provide the following :—

(a) securities received for sale ot kept pending deli- very in the market;

(b) securities fully paid for, pending delivery to clients;

(c) securities received for transfer or sent for transfer by the Member, in the name of client of his nomi- nee(s);

(d) securities that are fully paid and are hold in custody by the Member as security/margin, etc. Proper authorization from client for the same shall be obtained by Member;

(e) fully paid for client's securities registered in the name of Member, if any, towards margin require- ments, etc;

243A (2) It shall be compulsory for all Members brokers clients or deliver the securities purchased within two work- ing days of pay-out unless the client has requested other- wise. Stock Exchange shall issue a Press Release imme- diately after the pay-out.

243A (4) Member brokers shall issue the contract note for purchase/sale of securities to a client within 24 hours of the execution of the contract.

243A (5) In case of purchases on behalf of clients, Member brokers shall be at liberty to close out the transactions by selling the securities, in case the client fails to make the full payment to the Member Broker for the execution of the contract within two days of contract note having been delivered for cash shares or before pay-in day (as fixed by Stock Exchange for the concerned settlement period), which- ever is earlier, unless the client already has an equivelent credit with the Member. The loss incurred in this regard, if any, will be met from the margin money of that client.

243A (6) In case of sales on behalf of clients, Member brokers shall be at liberty to close out the contract by effecting purchases if the client fails to deliver the securities sold with valid transfer documents within 48 hours of the Contract note having been delivered or before delivery day (as fixed by Stock Exchange authorities for the concerned settlement period), whichever is earlier . Loss on the transactions, if any, will be deductible from the margin money of that client.

338. Application of Assets

The Defaults Committee shall apply the net assets remain- ing in its hands after defrain^ all such costs, charges and expenses as are allowed under these Bye-laws and Regula- tions in satisfying first the claim of the Exchange and the Clearing House and then rateably such admitted claims of members against the defaulter arising out of contracts enter- ed into in the market in accordance with the provisions of the Rules, Bye-laws and Regulations of the Exchange.

The Defaults Committee shall apply the net assets remain- ing in its hands after defraying all such costs, charges and expenes as are allowed under these Rules, Bye-laws & Regu- lations in satisfying first the claims of the Exchange, arrears of any fee/amount payable to SEBI and the Clearing House and then, rateably such admitted claims of members against the defaulter arising out of contracts entered into in the market in accordance with the provisions of Rules, Bye-laws & Regulations of the Exchange.

However, in cases where the amount so realised is not sufficient enough to satisfy the claims of the Exchange, arrears of any fee. or amount payable to SEBI, and the Clearing House and other claims as referred to nereinabeve, the amount so available will be distributed proportionately among these claimants.

1.1 Dealings on the Exchange

1.1 Trading sessions on the Floor of the Exchange The trading sessions on the Floor of the exchange shall be held from 12 Noon to 2.00 P.M. on all business days (other than Saturdays) except on the last business day of any Clearing, when a morning session shall be held from 12 Noon to 1.30 P.M. and an afternoon session from 3 P.M. to 5.30 P.M. There shall be no trading sessions on Saturdays. l.l(a) Trading Sessions on the Exchange

The business hours for dealing in the Exchange securities in the different segments on the Exchange, shall be during such time as may be decided by the Council of Management from time to time. The Council of Management may, from time to time, specify business hours for different types of deals such as for spot, ready and odd lots.

l.l(b) The Council of Management may declare a list of* holidays in a calendar year. The Council of Manage- ment may, from time to time alter or cancel any of the Exchange holidays fixed in accordance with these provisions, It may, for reasons to be recorded, close the maiket on days other than or in addition to holidays.

1.2 Proceedings at Trading Sessions

The following shall be the order of procedure at trading session on the floor of the Exchange.

A warning bell shall be rung fifteen minutes before the opening and the closing of the session. On the sounding of the opening bell after the warning bell, the session shall be opening for trading until the sounding of the closing bell after which no further trading shall take place.

1.2(a) The following shall be the order of procedure at the trading session on the floor of the Exchange.

In the case of terminal trading, system will be opened 10 minutes before the actual trading session starts, to enable the members to commence the operations and 5 minutes be- fore the actual time fixed for the closure of the system at the end of trading hours, signal will flash on the screen about the closure of market for that day.

Such a badg$ shall be issued for one day only on payment of such fees as the Council of Management may from time to time prescribed.

1.20b) Tn case of Floor trading ns contemplated under Bye-law 5.2. a warning bell shall be rung 15 minutes before Ihc opening and the closing of the session. On the sounding of Ihc opening bell after the warning bell, the session shall be opening for trading and shall continue open for trading until the sounding of the dosing bell after which no further trading shall take place.

A person arriving at the Floor of th" Exchange/mining site/contingency/sitc without a badge shall obtain a tem- porary badge from the Exchange. Such a badge shall be issued for one day only on payment of such fees us th£ Council of Management may from time to time prescribe.

1.6 Temporary Badges

A person arriving at the Moor of I he Ktchangc without a badge shall obtain a temporary badge from the Exchange.

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