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.

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

quirements in this connection.

MOHD. BALA

[Signature (in existing old name)]

I, hitherto

known

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

name

and

shall

hereafter

be knowr> as

PAIDI

NARAYANAMMA.

It is certified that I have

complied

with

other

legal

requirements in this connection.

LTI of NARAYANAMMA

iSignature (in existing old name;]

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-

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

ments in this connection.

NAGEN

[Signature (in existing old name)]

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.

GADAPA SANKARA RAO

[Signature (in existing old same)]

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-

menfs in tkis connection.

SAHADEO TULSIRAM

[Sigaature (in existing old name)]

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

ft ie certified that I have complied with ether ' legal

re-

requirements in this connection.

Y. SUDHAKAR RAO

[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

MAHESH

KUMAR DIXIT.

!lt is certified that I have complied with

other Set"a!

requirements in this connection.

MAHESH KUMAR

[Signature (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.

GANI MIA OR ABDUL GANI

[Signature OB 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, hitherto, known cs SAVITA LATYAN W/c Sh, A JAY.

KUMAR

LATYAN,

Self

employed

(Paltrier s)

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.

ft is certified

that I have complied with other legal

requirements in this connection.

SAVITA LATYAN

[Signature (in existing old name)]

I. hitheito known as AJAY KUMAR LATYAN S/o Shri

DHOOM

SINGH.

;:s

Self

Employed

(Direcor)

M'r,. Fnsb'on Flare International (B) Ltd., .B-2/1. O-kbin

ffjustrial

Are?, Phase-Tl. New

I>lhi-1100?0. rr-sWinc n⁽

186/1, Gautirn, Nagar, New- Dc!hi.-llO 049. haw

cbanffRd

mv name and shall hereafter be known as

AJAY¹ CHAU-

DTfRY.

ft i:s

certifi«3 that

have complied with

••ih"' Ie«"il

requirements in' this ceinhection'.

AJAY KUMAR LATYAN

[Signature (in existing old name)!

PART—IV]-

THE CHZETTE OF INDIA, SEPTEMBER 22, 2001 (BHADRA 31, 1923)

293

• 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

SHYAM LAL KULASHR1.

It is certified

that I have

complied

with other

legal

requirements in this connection.

SHYAM LAL SHARM

[Signature (.in existing old nam©)|

1, hitherto known as NABIN S/o Late U D A Y 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

requirements in this connection.

NABIN

[Signature (in existing old name)}

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.

It is

certified that I have complied

with

other

legal

requirements in this connection.

HEMA MAIDU RIKAMA

[Signature (in existing old 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

C-410, Sector-19,

Rohini, Delhi,

have changed my

name and shall hereafter

be known

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 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.

NARAYAN PRASAD PRADHAN

[Signature fin existing old same)]

) hitherto known as BINOD RAM B^SFQRE S/o Late

PARMA RAM BASFORE, employee* as S/Helper (Mech.)

<n the Mechanical Department under SSE/C&W/Rangapara

North/N. F. Railway,

residing at

Rangapara,

Sonitpur

(Assam), hav:: changed my name and t,hall hereafter be

Ibown a* BINOD KUMAR.

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

quirements in this connection.

BTNOD RAM BASFORE

[Signature (h ewMn;; old name)]

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.

It is certified that I have complied with other legal

requirements in this connection.

AMARJEET CHANNA

Signature of Guardian

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 KAL^T1i.

It is certified that I have complied ~\'h

otter legal

requirements in this connection.

PARAMJEET KAUR

[Signature (in existing old same)]

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.

SANGEETA PURI

[Signature (in existing iOd 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

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)]

i, hitherto known

as BHOPALA DHANANJAYA S/o

MODDUNOLA PAPAIAH. employed as Sr. Accountant

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)]

1, tvhrr'o 'rw/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

requirements in this connection.

DHARMU

[Signa'ure (in existing old name)]

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.

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

ments in this connection.

SEEMA KAPOOR

[Signature (in exiting old n 'me)]

2$~

THE GAZETTE' OF INDIA, SEPTEMBER- 22, 2001' (fcHAURA* 31;- 1923) #ter~~lU

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.

It is certified that I havo complied with

other legal re-

'•itiiremenls in this connection.

JNDER BALA

[Signature (in existing old name)]

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.

If is certified that I have complied with other lefcal re-

ejtJrrements in this connection.

LT1 of BAILADU

[Signature (in existing old name)]

1. hitherto known- as Sri KR1SMMA BAHADUR S/o Late

JIT BAHADUR, employed ;H Attendant in

the Office

Civil Engg. Deptl., I1T Kharagpur, residing at Qits. No. G-

53, IIT Campus, Kh^iv.gpur-721302,

West

Beagal;

have

ctatnged my name and shall hereafter be known as KRT3HN\

BAHADUR DOOT MOUFAT1.

It is certified that I have complied with other legal iet|uire-

ments in this connection.

SR! KRISHNA BAHADUR

[Signature (in existing old name)]

1, hitherto-kno* a as-PA.KEERA POOJARY P. S/o

SUBBA POOJARY, employed as Mechanic in the Goltha-

njajalu Telephone Exchange, residinc at

Kalladka Balthila

Village, Bantwal Taluk D. K. Kaimtaka State, hsve changed

my name unJ '.hall

hes-eaiter

known

PRAKASH

- It is certified that

I have complied

with other legal re-

quirements in this connection.

PAKEERA POOJARY P.

[Signature^ (in existing old name)]

I, -hitherto known as NILANJAN KUMAR HALDER S/o

fester-BIRENDRA NATO

HALDER,

employed as

Head

Time Keeper

in ihe Loco

Time Office, Eastern

Railway,

Kancharapara. residing at Sushrl Stirani Puiba Ba^uipara, PO

IMisahr Dkt. 24- Parganas (N),

West Bengal, Pin-743 134.

have changed nry name and'shail h«-re<'fter

be known

NTBANJAN HALDER.

It is certified that I have complied with «ther legal re-

quirements in this connection.

NILANJAN KUMAR HALDER

|Signature fin existing old name)]

I, hitherto known as E. JUNATTE N. FRANCIS S/o Shri

l£ F. NAPOLEON, employed as Sr. TOA (Phones) in the

Office of the

Divisional

Bugniear

(Ambattur).

BSNL,

Chennai

Telephones,

Chennai-600098,

residing at

Block

7/23, LIG fc#ogap}Hir Wfest,' CBe#haf'6O0W8/^! h*Ve«<*aHged

my name- and snail¹" hereafter be known as JUl't^TfE

FRANCIS:

It is certified

that I have

complied • with» other-

le^l

requirements in this connection.

E-. JfefNATTE'-N.-' F«SW«tS»

[Signatute (in existing old na;ne)J

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«AR^lAT PAWHI:

It¹ is' certified that I have complied with other legal

re-

quirements inr-' tffig confiectf&BV

SHBI TAR/\NiaiARAN BHARAT PADHI

[Sijparure (in exiSttiig old ni«e)l

1, hitherto known as DOL SINGER

S./o«'Uu(»

JUTU

DAS, employed- as MCM- (Crane- Tindel) T/No. 1233 in

ths District Controller of Stores, Eastern

Railway,

Hali-

sahar, residing at Chaingatc Market, P.O. Kanchrapara. PS

Bizpur,

Dist.

24 Prfrgantts (Norfh), \V. B.,

Pin-743145,

Halisahar Dist. 24 Pwganas-(!*$,••-West Bengal, Pin-743 134,

have changed liiy

name :incl 'shall hereafter

be known

DOLSINeER' DAS.

It is cerU%^ that I have complied with

o«Ber

le#*l

requirements- in tftis connection.

LTIofDOLSmOER

[Signature (in existing old na"me)l

I, hlthferto known as PREM SINGH S/o Shri SOHAN

LAL. a Student in the MauIanS' Azad

Medical

College,

New Delhi-110 002, residirtg at BTgha Patti, Bagha Purana-

14203&S D>istt. Moga (Punjab), have changed my nanae and

shall hereafter be known as PREM-ARORA.-

It is certified that I have complied wltK otnef legal 'require-

ments in this connection.

PReftl S1N©HT

[Sienattwe (in existingioW'-n*n«)]

PUBLIC NOTICE

DISSOLUTION

OF FIRM

Notice is hereby Riven to the- general- Public that.- the* Part-

nership Fin* nffherto subsisting under tfie¹ nam3 &• style of

Apex International, having its H-.O. at Surya KiraBf Builds

ing, 11th Floor,

1?, Kastorba Gnadhi-Marg, N«w

Deltaj-

110 001, has been dissolved w.ei.-Aagwst 31. 2001 witti the-

rmttufll consent of all the partners,

DEEPAK SitNGH

PARTNER/ATTORNEY OF

OTHER PARTNERS

2&8

MADRAS STOCK EXCHANGE LIMITED

AMENDMENTS TO BYE-LAW APPROVE 15 BY Still

(AS ON 31-1-2001)

EXISTING

8YE-LAW No.

EXISTING BYE-LAW

REVISED BYE-LAW NO,

KEVJSED BYE-LAW

5. Trading Sessions on the Floor of the Exchange

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.

5.1 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

facilities

that me

available

in case ol \\Wi ari-.j network

or where the terminals a'c to

be located ar one site,

connecting the

same with the

Central

'! lading

Engine

under

Locn] Area Network or a combination of both

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

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;

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. d^riv or £i\\\ in bid

rtftdr prices;

(f) other matters which may affect smooth operation of

trading in securities

keepiiia in vie^v the interest*

of public at large;

(g) determine the type of troles permitted for a member

and a security;

(h) determining functional doiai's of the trading system

including the system designed, users infrastructure

and

systems operation,

5.K Suspension on Failure to Meet Trading Limits

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.

6. Altering Time of Trading Session

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.

J ^

I^^^J^^^J^^^^

22, 2001 (BHADRA 31, 1923)

[PART-IV

Time of Trading

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

n . .

;

{ • • r e -

! ) • . . i r

;

•

;

days, after din. imiriiiliuM »;:i liv; I'.-dV,.¹ . i n :in*i in

case

•

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 business for and 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

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Secretary.

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"

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:

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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;

<ii) such money belonging to the Member as may have

been paid into client account under para

lC(ii)

or lC(iv) given above;

(iii) money which may by mistake or accident have been

paid into such account in contravention of para C

above.

'PART—IVJ THE GAZETTE OF INDIA, SEPTEMBER 22, 2U01 (BHADRA 31, 1923)

301:

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;

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

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

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

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.