RNI No. MAHBIL/2009/ 35827
सत्यमेवजयते
महाराष्ट्र शासन राजपत्र
भाग दोन - संकीर्ण सूचना व जाहिराती
गुरुवार ते बुधवार , डिसेंबर ३ - ९ , २०२० / अग्र १२-१८, शके १ ९ ४२
वर्ष ६ , अंक ४१]
[पृष्ठे ३१ , किंमत: रुपये १५.००
प्राधिकृत प्रकाशन
संकीर्ण सूचना व जाहिराती
विशेष वसुली व विक्री अधिकारी समता नागरी सहकारी पतसंस्था मर्या. , निरा ता. , पुरंदर, जि. पुणे
स्थावर मालमत्ता जप्त करणेसंबधीचा आदेश
आदेश
क्रमांक ७७८ / वि.व.अ./म.स.का.क.१५६/स्था.मा.ज. करणे आदेश/ श्री. मुरलीधर केरू गोरे / सन २०२०.- महाराष्ट्र सहकारी संस्थांचा अधिनियम १ ९ ६० चे कलम १५६ व महाराष्ट्र सहकारी संस्थांचा नियम १ ९ ६१ मधील नियम क्रमांक १०७ ( १० ) व त्याखालील उपनियमान्वये मला प्राप्त झालेल्या अधिकारान्वये मी . श्री. युवराज नारायण फरांदे विशेष वसूली व विक्री अधिकारी समता नागरी सहकारी पतसंस्था मर्या. , निरा. महाराष्ट्र सहकारी संस्थांचा नियम १ ९ ६१ मधील नियम क्रमांक १०७ ( १० ) अन्वये आदेश देतो की थकबाकीदार श्री . मुरलीधर केरू गोरे , मु. निरेवाडी, पो. रावडी, ता. फलटण, जि. सातारा व त्यांचे जामिनदार यांचेकडील समता नागरी सहकारी पतसंस्था मर्या. , निरा , ता. पुरंदर , जि. पुणे चे कर्ज रक्कम रु . १७,७७,२१ ९ ( अक्षरी रुपये सतरा लाख सत्त्याहत्तर हजार दोनशे एकोणीस फक्त) दिनांक १३ एप्रिल २०१ ९ पासूनचे व्याज दंडव्याज नोटीस फी व सरचार्ज व शासकीय अधिभार शुल्क इत्यादी सर्व रक्कम वसूलीसाठी थकबाकीदार सौ . जयश्री मुरलीधर गोरे, मु. मिरेवाडी , पो. रावडी, ता. फलटण, जि. सातारा यांची या आदेशांतर्गत परिशिष्ट मध्ये नमुद केलेली मिळकत या आदेशान्वये जप्त करण्यात आलेली आहे आणि हा आदेश दिल्यापासून पुढील आदेश होईपर्यंत त्या स्थावर मालमत्तेचे केलेले कोणतेही खाजगी हस्तांतरन किंवा स्विकृत करण्यास किंवा बोजा निर्माण करण्यास अगर तारण देण्यास या आदेशान्वये मनाई करण्यात येत आहे.
जप्त केलेल्या स्थावर मालमत्तेचे वर्णन
वसुली दाखला ज्या पक्षकाराविरूद्ध वसुली
मिळकत क्षेत्र हे. आर .
चतुःसीमा गावाचे नाव तालुका व जिल्हा
हुकूमनामा क्रमांक वदिनांक
दाखला देण्यात आला आहे त्याचे नाव
संमतीपत्राने तारण देण्याऱ्या जमिन मालकाचे नाव (१)
(२)
(३)
सौ. जयश्री १०१ / १२ ९ / २४५ / श्री. मुरलीधर केरू गोरे
मुरलीधर गोरे २०१ ९ दिनांक १२ जुलै २०१९
भाग दोन (संकीर्ण ) -१
गट क्रमांक
(६)
(५)
(४)
(७)
मिरेवाडी , ता. फलटण , गट ० हे ०२.५० पुर्वस:
जि. सातारा
आर
नं १ ९
पश्चिमेस : मूळ सरकारी दक्षिणेस: रेकॉर्डप्रमाणे
उत्तरेस :
(१) २
महाराष्ट्र शासन राजपत्र भाग दोन- संकीर्ण सूचना व जाहिराती, गुरुवार ते बुधवार, डिसेंबर ३ - ९ , २०२० / अग्र १२-१८ , शके १९ ४२
जर अॅवॉर्डप्रमाणे येणे रक्कम , व्याज , शासकिय अधिभार शुल्क व इतर खर्च इत्यादी होणारी एकूण रक्कम या आदेशाच्या तारखेपासून ३० दिवसाचे आत समता नागरी सहकारी पतसंस्था मर्या. , निरा , ता. पुरंदर , जि. पुणे यांचेकडे भरणा केला नाही तर उपरोक्त जप्त केलेल्या मिळकतीची रितसर जाहीर लिलावाने विक्री करण्यात येईल .
सदरचा आदेश दिनांक १ ९ ऑक्टोबर २०२० रोजी माझ्या सही व कार्यालयीन मुद्रेसह दिला असे.
श्री. युवराज ना. फरांदे, विशेष वसुली अधिकारी व विक्री अधिकारी , महाराष्ट्र सह. संस्था अधिनियम १ ९ ६० व नियम १ ९ ६१ अन्वये.
महाराष्ट्र शासन राजपत्र भाग दोन - संकीर्ण सूचना व जाहिराती , गुरुवार ते बुधवार, डिसेंबर ३ - ९ , २०२० / अग्र १२-१८ , शके १ ९ ४२
३ विशेष वसुली व विक्री अधिकारी समता नागरी सहकारी पतसंस्था मर्या. , निरा, ता. पुरंदर, जि. पुणे
स्थावर मालमत्ता जप्त करणेसंबधीचा आदेश
आदेश
क्रमांक ७७ ९ /वि.व.अ. /म.स.का.क.१५६ /स्था.मा . जप्त. करणे आदेश / श्री . मुरलीधर केरू गोरे / सन २०२०.- महाराष्ट्र सहकारी संस्थांचा अधिनियम १ ९ ६० चे कलम १५६ व महाराष्ट्र सहकारी संस्थांचा नियम १ ९ ६१ मधील नियम क्रमांक १०७ ( १० ) व त्याखालील उपनियमान्वये मला प्राप्त झालेल्या अधिकारान्वये मी . श्री. युवराज नारायण फरांदे विशेष वसूली व विक्री अधिकारी समता नागरी सहकारी पतसंस्था मर्या. , निरा. महाराष्ट्र सहकारी संस्थांचा नियम १ ९ ६१ मधील नियम क्रमांक १०७ ( १० ) अन्वये आदेश देतो की थकबाकीदार श्री. मुरलीधर केरू गोरे, मु. निरेवाडी, पो . रावडी, ता. फलटण , जि. साताराव त्यांचे जामिनदार यांचे कडील समता नागरी सहकारी पतसंस्था मर्या. , निरा, ता. पुरंदर , जि. पुणे चे कर्ज रक्कम रु . १७,७७,२१ ९ ( अक्षरी रुपये सतरा लाख सत्त्याहत्तर हजार दोनशे एकोणीस रुपये फक्त) दिनांक १३ एप्रिल २०१ ९ पासूनचे व्याज दंजव्याज नोटीस फी व सरचार्ज व शासकिय अधिभार शुल्क इत्यादी सर्व वसूलीसाठी थकबाकीदार श्री मुरलीधर केरू गोरे, मु . मिरेवाडी, पो. रावडी, ता. फलटण , जि. सातारा यांची या आदेशांतर्गत परिशिष्ट मध्ये नमुद केलेली मिळकत या आदेशान्वये जप्त करण्यात आलेली आहे आणि हा आदेश दिल्या पासून पुढील आदेश होईपर्यंत त्या स्थावर मालमत्तेचे केलेले कोणतेही खाजगी हस्तांतरण किंवा स्वीकृत करण्यास किंवा बोजा निर्माण करण्यास अगर तारण देण्यास या आदेशान्वये मनाई करण्यात येत आहे.
जप्त केलेल्या स्थावर मालमत्तेचे वर्णन
ज्या पक्षकाराविरूद्ध वसुली दाखला देण्यात आला
वसुली दाखला हुकूमनामा क्रमांक
वदिनांक (१)
आहे त्याचे नाव (२)
तारण व समती देण्याऱ्या जमिन मालकाचे नाव (३) मिळकत क्षेत्र हे . आर.
गट
क्रमांक (५) (६)
गावाचे नाव
तालुका व जिल्हा
(४)
श्री . मुरलीधर , केरू गोरे ,
चतुःसिमा (७)
पुर्वेस:
गट नं २२८
मौजे: कापशी,
ता. फलटण ,
जि. सातारा
१०१ / १२ ९ / २४५ / श्री . मुरलीधर केरू गोरे २०१ ९ दिनांक १२ जुलै २०१९
गट नं . २२८ मधील ० हे ७१ आर पैकी श्री .
दक्षिणेस मुळ सरकारी पश्चिम रेकॉर्डप्रमाणे उत्तरेस:
मुरलीधर केरू गोरे याच मालकी हिस्स्याचे संपुणे क्षेत्र
जर अॅवॉर्डप्रमाणे येणे रक्कम , व्याज , शासकिय अधिभार शुल्क व इतर खर्च इत्यादी होणारी एकूण रक्कम या आदेशाच्या तारखेपासून ३० दिवसाचे आत समता नागरी सहकारी पतसंस्था मर्या. , निरा , ता . पुरंदर , जि. पुणे यांचे कडे भरणा केला नाही तर उपरोक्त जप्त केलेल्या मिळकतीची रितसर जाहिर लिलावाने विक्री करण्यात येईल.
सदरचा आदेश दिनांक १ ९ ऑक्टोबर २०२० रोजी माझ्या सही व कार्यालयीन मुद्रेसह दिला असे.
भाग दोन ( संकीर्ण ) -१अ
श्री. युवराज ना. फरांदे , विशेष वसुली व विक्री अधिकारी, महाराष्ट्र सह . संस्था अधिनियम १ ९ ६० व नियम १ ९ ६१ अन्वये .
४
महाराष्ट्र शासन राजपत्र भाग दोन - संकीर्ण सूचना व जाहिराती , गुरुवार ते बुधवार , डिसेंबर ३ - ९ , २०२० / अग्र १२-१८ , शके १ ९ ४२
Serial No. M 2037
FORM NO . 155
[See rule 329 ]
(MEMBERS ' VOLUNTARY WINDING UP )
TAXILA HOSPITALS PRIVATE LIMITED
REGISTERED OFFICE : Plot No. 49 , Prabhat Colony, Nari Road, Teka Naka , Nagpur - 400 026 , Maharashtra .
CIN: U85110MH2003PTC140921
NOTICE CONVENING FINAL MEETING
Notice is hereby given in pursuance of section 497 of Companies Act , 1956 that a General Meeting of Members of the above -named Company will be held on Monday, the 11th January, 2021 at 12 a.m. at Registered Office of the Company at Plot No. 49 , Prabhat Colony, Nari Road , Teka Naka , Nagpur- 400 026, Maharashtra for the purpose of having an account laid before them showing the manner in which winding up has been conducted and the property ofthe company disposed off and of hearing any explanation that may be given by the liquidator and also of determining by a Special Resolution the Company the manner in which the books , accounts and documents of the Company and of Liquidator shall be disposed off.
Dated 25th November 2020 .
Signature of the Liquidator ५ महाराष्ट्र शासन राजपत्र भाग दोन- संकीर्ण सूचना व जाहिराती , गुरुवार ते बुधवार , डिसेंबर ३ - ९ , २०२० /अग्र १२-१८ , शके १९ ४२
Serial No. M 2038
FORM NO . 155
[See rule 329 ]
( MEMBERS ' VOLUNTARY WINDING UP )
DYNAMIC STOCK BROKING ( INDIA) PRIVATE LIMITED
(under Voluntary Liquidation)
411/412 , 4th Floor , Star Plaza , Chandawarkar Road , Borivali ( West ) , Mumbai - 400 092
NOTICE CONVENING FINAL MEETING OF CONTRIBUTORIES
Notice is hereby given in pursuance of section 497 of the Companies Act , 1956 that a General Meeting of the Members of DYNAMIC STOCK BROKING ( INDIA) PRIVATE LIMITED will be held at the registered office of the company at Office 411/412, 4th Floor , Star Plaza , Chandawarkar Road, Borivali (West) , Mumbai- 400 092 on the 20th day of April , 2020 at 11-00 A.M. for the purpose of having an account laid before them showing the manner in which the winding up has been conducted and the property of the company disposed off and of hearing any explanation that may be given by the liquidator and also of determining by a special resolution of the company the manner in which the books , accounts and documents of the company and of the liquidator shall be disposed off.
Dated 17th March 2020.
Signature of the Liquidator , MR. CHETAN SHAH.
महाराष्ट्र शासन राजपत्र भाग दोन- संकीर्ण सूचना व जाहिराती ,
६
गुरुवार ते बुधवार , डिसेंबर ३ - ९ , २०२० / अग्र १२-१८ , शके १ ९ ४२
Serial No. M 2039
National Commodity Clearing Limited
Ackruti Corporate Park, 1st Floor, NearG.E.Garden , L.B.S. Marg , Kanjurınarg (West) , Mumbai - 400 078 .
CIN: U74992MH2006PLC163550
Subject to SEBI's approval , it is proposed to make the following amendments in the Articles of Associations of National Commodity Clearing Limited (NCCL ) . The proposed amendments are published as per Rule 18 of Securities Contracts (Regulation) Rules , 1957 for information/public comments/criticism. Any person having any comments/ observations on the proposed amendments to the Articles of Associations of NCCL may send the same to NCCL at [email protected] within fifteen days from the date of this publication . The observation received after the said fifteenth day will not be considered. The draft will be taken in to consideration immediately after expiry of fifteen days .
The proposed amendments to the Articles of Association of National Commodity Clearing Limited are as follows:
(1) The Article 2 be amended as given here under words in bold be included:
The regulations for the management of the Company and for the observance by the Members thereof and their representatives , shall subject to any exercise of the statutory powers of the Company with reference to the repeal or alteration of, or addition to its regulations by special resolution, or as prescribed by the Companies Act, 2013 , be such as are contained in these Articles . No provision of theArticles of Association shall operate in contravention of any provisions of Securities Contracts (Regulation) Act, 1956, Securities Contracts Regulation Rules , 1957 , Securities and Exchange Board of India Act , 1992 or any Rules or Regulations and Circulars etc. , issued by SEBI from time to time . The provisions of these Articles shall be subject to the applicable provisions of the Companies Act , 2013 , and the rules made thereunder and any requirements of applicable law.
(2) The Article 3 (2) (1) be amended as given here under words in strike through mode be deleted:
"Control" shall have the same meaning as assigned to it under clause (e) of sub regulation (1 ) of regulation 2 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations , 2011 or any mode.
(3) The Article 3 (2) (m) be amended as given here under words in boldbe included andwords in strike through mode be deleted:
"Debenture" includes Debenture Stock, bonds - or -any- other - instrument - of-a Companyevidencing a debt , whether constituting a charge on the assets of the Company or not shall have the same meaning as assigned to it under Section 2 (30) of the Companies Act , 2013 .
(4) The Article 3 (2) (v) be amended as given here under words inbold be included andwords in strike through mode be deleted:
"Fitand proper" shall mean the Fit and proper criteria as laid down inthe SCRA 1956, SEBI Aet-1992, Depositories Act - 1996 -and-any - rules , regulations , eirculars, guidelines -or -directions - issued there under by SEBI in-this- regard ७ महाराष्ट्र शासन राजपत्र भाग दोन- संकीर्ण सूचना व जाहिराती , गुरुवार ते बुधवार , डिसेंबर ३ - ९ , २०२० / अग्र १२-१८ , शके १ ९४२
under the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations , 2018 . $
(5) The Article 3 (2) (y) be amended as given here under words in strike through mode be deleted:
"Independent Director" means a person as defined in Section 149(6 ) of the Act and shall include Public Interest Director as defined elsewhere . Public Interest Director means an independent director , representing the interests of investors in securities market and who is not having any association, directly orindirectly, which in the opinion of the SEBI , is in conflict with his role as such-in-the-Clearing Corporation.
(6) The Article 3 ( 2) (bb) be amended as given here under words in strike through mode be deleted:
"Key Managerial Personnel" means key management personnel as defined underRegulation 2(1)(i) of SECC Regulations and includes any person defined as key managerial personnel defined under section 2 (51 ) of the Companies Act, 2013 .
(7) The Article 3 (2) ( oo) be amended as given here under words in bold be included and words in strike through mode be deleted:
"Foreign portfolio investor" shall have the same meaning as provided under Regulation 2 ( 1) (jh) of under the SEBI (Foreign Portfolio Investors) Regulations , 20194 .
(8) The Article 3 (2) ( rr) be amended as given here under words in strike through mode be deleted:
"Regulatory department " means a department of the Company as per provisions contained in Procedural Norms which is entrusted with regulatory powers and duties and includes such department as may be specified by SEBI .
(9) The Article 3 (2) (ww) be amended as given here under words in bold be included and words in strike through mode be deleted:
"SECC Regulations " means Securities Contracts (Regulation) ( Stock Exchanges and Clearing Corporations) Regulations , 20182 and include any statutory modification or re- enactment thereof, Circulars and guidelines issued, for the time being in force .
(10) The Article 3 (2) (ccc) be amended as given here under words in bold be included and words in strike through mode be deleted:
"Shareholder director" shall have the same meaning as assigned to it under Section 2 ( 1 ) (tr) of the Securities Contracts (Regulation) ( Stock Exchanges and Clearing Corporations) Regulations, 2018 SECG Regulations .
(11) The Article 10 be amended as given here under words in bold be included:
Subject to the provisions of the Act and these Articles , the shares in the Capital ofthe Company for the time being ( including any shares forming part of any. increased capital of the Company) shall be under the control of the Directors who may issue , allot or otherwise dispose of the same or any of them to such persons, in such proportion and on such terms and conditions and either at a premium or at par and at such time as they may from time to time think fit and with the sanction of the Company in the General Meeting to give any महाराष्ट्र शासन राजपत्र भाग दोन- संकीर्ण सूचना व जाहिराती ,
८
गुरुवार ते बुधवार , डिसेंबर ३ - ९ , २०२० / अग्र १२-१८ , शके १ ९४२
person or persons the option or right to call for any shares either at par or premium during such time and for such consideration as the directors think fit , and may issue and allot shares in the capital of the Company on payment in full or part of any property sold and transferred or for any services rendered to the Company in the conduct of its business and any shares which may so be allotted may be issued as fully paid up shares and if so issued , shall be deemed to be fully paid shares . Provided that option or right to call of shares shall not be given to any person or persons without the sanction of the Company in General Meeting .
(12) The Article 14 (d) be amended as given here under words in bold be included:
The Company shall not grant any sweat equity or grant options under such ESOP plan(s) to its directors and/or to its key managerial personnel identified under the provisions of SECC Regulations .
(13) The Article 23 be amended as given here under words in bold be included:,
TheBoard may, from time to time, make calls upon the Members in respect ofany monies unpaid on their shares (whether on account of the nominal value, ofthe shares or by way of premium) and not by the conditions of allotment thereof made payable at fixed times .
Provided that no call shall exceed one- fourth of the nominal value of the share orbe payable at less than one month from the date fixed for the payment of the last preceding call .
Provided further that the Board shall not give the option or right to call on shares to any person except with the sanction of the Company in a General Meeting .
Each Member shall, subject to receiving at least fourteen days notice specifying the time or times and place of payment , pay to the company, at the time or times and place so specified , the amount called on his shares.
A call shall be deemed to have been made at the time when the resolution of the Board authorizing the call was passed and may be required to be paid by installments.
Thejoint-holders of a share shall be jointly and severally liable to pay all calls in respect thereof.
(14) The Article 47 be amended as given here under words in bold be included and words in strike through mode be deleted:
(i) Notwithstanding anything contained in these Articles, no person shall , directly or indirectly, acquire or hold any equity shares in or voting rights of the Clearing Corporation unless he is a fit and proper person , as per the criteria prescribed by SEBI.
(ii) Any person who , directly or indirectly, either individually or together with persons acting in concert, acquires ing equity shares in or voting rights of the Clearing Corporation, that entitles the person(s) so acquiring to exercise any voting rights in the range of two percent to five percent, such that his shareholding in the Clearing Corporation exceeds two per cent of the paid up -equity share capital ofClearing Corporation, shall seek approval of SEBI within fifteen days of such the acquisition .
(iii)Any person eligible to acquire or hold more than five per cent ofthe paid महाराष्ट्र शासन राजपत्र भाग दोन- संकीर्ण सूचना व जाहिराती ,
९ गुरुवार ते बुधवार , डिसेंबर ३ - ९ , २०२० / अग्र १२-१८ , शके १ ९४२
up equity share capital under Article 48 ( ii) and ( iii) sub-Article(ii) above(shareholding inClearing Corporation) , may acquire or hold more than five percent of the paid up equity share capital of the Clearing Corporation, only if, he has obtained the prior approval of SEBI.
(iv) If approval under sub -Article ( ii) above is not granted by SEBI to any person, such person shall forthwith divest his entire exeess shareholding in the Clearing Corporation . ,ifany.
(v) Any person holding mere than two per cent or more of the paid up equity share capital in the Clearing Corporation shall file a declaration with the Clearing Corporation within fifteen days from the end of every financial year that he complies with the fit and proper criteria prescribed by SEBI .
(vi) Subject to applicable law, in the event of any person ceasing to be a 'fit and proper person' or being declared so, by SEBI , such person shall forthwith divest his shareholding in the Clearing Corporation. Further , pending divestment of shares, the voting rights of such person in the Clearing Corporation shall stand extinguished and any corporate benefit in lieu of such holding shall be kept in abeyance / withheld by Clearing Corporation . The Clearing Corporation shall take necessary steps , as it may deem fit, so as to ensure that the shareholding of such person is divested forthwith .
For the purposes of these Articles , a person shall be deemed to be a fit and proper person, as per the criteria prescribed under the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations , 2018, ( as applicable and amended from time to time and includes any re- enactment thereof) . directives-of SEBI, as amended from time to time-and-which , at-present, are as follows
(a) such person has a general reputation-and-record of fairness and integrity, including but not limitedto-
(i) financial integrity;
(ii) good reputation and character; and
(iii) honesty;
(b) such personhas not incurred any of the following disqualifications
(i) the person, or any of its whole time directors or managing partners,has been convicted by a Court for any offence involving moral turpitude or any economic offence, or any offence against the securitieslaws;
(ii) an order for winding up has been passed against the person;
(iii)) the person, or any of its whole time directors or managing partners, has been declared insolvent and has not been discharged;
(iv) an order, restraining , prohibiting or debarring- the-person , or- any of itswhole time directors or managing partners-from-dealing in commodity derivatives or securities or from accessing the commodityderivative or securities-market,has-been-passedby SEBI or any other regulatory authority, and a period of three years from the date of the expiry of the period specified in the orderhas not elapsed;
(v) any other order against the person, or any of its whole time directors-or-managing partners, which has a bearing on the securities market, has been passed by SEBI or any other regulatoryauthority and a period of three years from the cate of theorderhas not clapsed;
भाग दोन ( संकीर्ण ) --- २ महाराष्ट्र शासन राजपत्र भाग दोन- संकीर्ण सूचना व जाहिराती ,
१०
गुरुवार ते बुधवार , डिसेंबर ३ - ९ , २०२० / अग्र १२-१८ , शके १९ ४२
(vi) thepersonhas been found to be of unsound mind by a Court of competentjurisdiction and the finding is in force; and
(vii) the person is financially not sound.
The question arising as to whether a person is a fit and proper person, the decision of SEBI in this behalf shall be final .
(15) The Article 48 including its heading be amended as given here under words inbold be included and words in strike through mode be deleted:
SHAREHOLDING IN A RECOGNISED CLEARING CORPORATION
( i) Atleast fifty one per cent of the paid up equity share, capital of a recognized the Celearing Ceorporation shall be held by one or more recognized stock exchange (s):
Provided that no recognized stock exchange shall , directly or indirectly, either individually or together with persons acting in concert, acquire or hold more than fifteen per cent of the paid up equity share capital in more than one recognized clearing corporation.
(ii) No person resident in India, except a recognized stock exchange as permitted in sub - article ( i) above , shall at any time , directly or indirectly, either individually or together with persons acting in concert, acquire or hold more than five per cent of the paid up equity share capital in a recognized the Celearing Ceorporation:
Provided that,
(i) a depository;
(ii) a banking company;
(iii) an insurance company; and
(iv) apublic financial institution,
may acquire or hold, either directly or indirectly, either individually or together with persons acting in concert, up to fifteen per cent of the paid up equity share capital of areeegnized the Celearing Ceorporation .
(iii) No person resident outside India shall, directly or indirectly , either individually or together with persons acting in concert , acquire or hold more than five per cent of the paid up equity share capital in a recognized of the Celearing Ceorporation.
Provided that ,-
( i) a foreign stock exchange ;
(ii) a foreign depository
(iii) a foreign banking company ;
(iv) a foreign insurance company;
(v) a foreign commodity derivatives exchange and
(vi) a bilateral or multilateral financial institution approved by the Central Government, may acquire or hold, either directly or indirectly , either individually or together with persons acting in concert, upto fifteen per cent of the paid up equity share capital of the Clearing Corporation .
(iv) Subject to the limits as otherwise prescribed by the Central Government from time to time , the combined holding of all persons resident outside India in the paid up equity share capital of a recognized the Celearing महाराष्ट्र शासन राजपत्र भाग दोन- संकीर्ण सूचना व जाहिराती ,
११ गुरुवार ते बुधवार , डिसेंबर ३ - ९ , २०२० / अग्र १२-१८ , शके १ ९ ४२
Ceorporation shall not exceed, at any time , forty - nine per cent of its total paid up equity share capital. $
(v) The Clearing Corporation shall monitor and at all times ensure compliance with the requirements and guidelines in this regard, issued by SEBI .
(vi) ( i) The shareholding or voting rights of any person in the recognized Clearing Corporation shall not exceed the limits specified in these Articles.
(ii) Further, the shareholding as specified in these Articles shall include
any instrument owned or controlled , directly or indirectly, that provides for entitlement to equity or rights over equity at any future date.
(vii) Without prejudice to the provisions of the SCRA, rules and SECC regulations , the Clearing Corporation shall disclose to SEBI, in the format specified by the SEBI , shareholding pattern on a quarterly basis within fifteen days from the end of each quarter , including therein the following:-
(a) the names of the ten largest shareholders along with the number and percentage of shares held by them;
(b) the names of the shareholders falling under regulations 17and 18 of SECC Regulations who had acquired shares in that quarter.
The Clearing Corporation shall monitor and ensure compliance with the foregoing requirements at all times .
(viii) In addition to the requirements under other laws in force, the recognised Clearing Corporation shall maintain and preserve all the books , registers , other documents and records relating to the issue or transfer of its securities for a period of not less than ten eight years.
(16) The Article 73 be amended as given here under words in bold be included:
The new shares (resulting from an increase of capital as aforesaid) may, subject to the provisions of The Act and these Articles , be issued or disposed ofby the Company in the General Meeting or by the Directors under their powers in accordance with these Articles and the following provisions: -
1.(a) Such new shares shall be offered to the persons who at the date of the offer are holders of the equity shares of the Company in proportion as nearly as circumstances admit to the capital paid-up on those shares at thedate;
(b) The offer aforesaid shall be made by notice specifying the number of shares offered and limiting a time not being less than fifteen days from the date of the offer , within which the offer, if not accepted , will be deemed to have been declined;
(c) The offer aforesaid shall be deemed to include a right exercisable by the person concerned to renounce the shares offered to him or any of them in favour of any other person and the notice referred to in clause (b) shall contain a statement of this right ;
(d) After the expiry of time specified in the notice aforesaid or on receipt ofearlier intimation from the person to whom such notice is given that thepersondeclines to accept the shares offered, the Board of Directors maydispose off them in such manner as they think most beneficial to theCompany;
2.Nothing in clause (c) of sub- article ( 1) shall be deemed: -
भाग दोन ( संकीर्ण ) ---२ अ महाराष्ट्र शासन राजपत्र भाग दोन- संकीर्ण सूचना व जाहिराती ,
१२
गुरुवार ते बुधवार , डिसेंबर ३ - ९ , २०२० / अग्र १२-१८ , शके १ ९४२
(a) to extend the time within which the offer should be accepted; or
(b) to authorise any person to exercise the right of renunciation for a second time on the ground that the person in whose favour the renunciation was first made has declined to take the shares comprised in the renunciation.
3. Notwithstanding anything contained in sub - article (1 ) , further shares aforesaid may be offered to any persons (whether or not those persons include the persons referred to in clause (a) of sub- article (1) hereof) in any manner whatsoever .
a) If a special resolution to that effect is passed by the Company in general meeting, or
b) Where no such resolution is passed, if the votes cast (whether on a show of hands or on a poll as the case may be) in favour of the proposal contained in the resolution moved in that general meeting (including the casting vote, if any, of the Chairman) by members who, being entitled so to do , vote in person, or where, proxies are allowed, by proxy, exceed the votes , if any, cast against the proposal by members , so entitled and voting and the Central Government is satisfied, on an application made by the Board of Directors in this behalf, that the proposal is most beneficial to the Company.
4. Nothing in this Article shall apply to the increase of the subscribed capital of the Company caused by the exercise of an option attached to the debentures issued or loans raised by the Company:
(i) To convert such debentures or loans into shares in the Company; or
(ii) To subscribe for shares in the Company.
Provided that the terms of issue of such debentures or the terms of such loans include a term providing for such option and such term:
(a) Either has been approved by the Central Government before the issue of debentures or the raising of the loans or is in conformity with Rules , if any , made by that Government in this behalf; and
(b) In the case of debentures or loans or other than debentures issued to , or loans obtained from the Government or any institution specified by the Central Government in this behalf, has also been approved by the special resolution passed by the Company in General Meeting before the issue of the loans .
(17) The Article 82 be amended as given here under words in bold be included:
Anybonds , debentures , debenture stocks or other securities may be issued at a discount, premium or otherwise and may be issued on condition that they shall be convertible into shares of any denomination and with any special privileges as to redemption, surrender , drawing , allotment of shares , attending (but not voting) at General Meetings of the Company, appointment of Directors and otherwise . Debentures with the right to conversion into or allotment of shares shall be issued only with the consent of the Company in the General Meeting by a Special Resolution.
(18) The Article 126 be amended as given here under words in bold be included and words in strike through mode be deleted:
महाराष्ट्र शासन राजपत्र भाग दोन- संकीर्ण सूचना व जाहिराती ,
१३ गुरुवार ते बुधवार , डिसेंबर ३ - ९ , २०२० / अग्र १२-१८ , शके १ ९४२
The Board shall include -
(i) Public Interest directors ;
(ii ) Shareholder directors ; and
(iii) Managing Director.
Notwithstanding anything to the contrary contained in these Articles , SECC Regulations, directives issued by SEBI , Circulars issued from time to time with regard to composition of the Board, general requirements related to manner of appointment of directors , key management personnel , ' code of conduct for Directors and key management personnel ' and other incidental and consequential matters relating to governance of the Company shall be compliedwith.
The manner of election, appointment, tenure , resignation, vacation etc. of Directors shall be governed by the Companies Act, 2013 , the SECC Regulations , the directives issued by SEBI and the Gcirculars issued from time to time .
(1) The number of public interest directors on the Board of Directors of. arecognised the Celearing Ceorporation shall not be less than two- third, and shareholder directors shall not exceed one third, ofits Board the number of shareholder directors .
(2) The managing director shall be an ex-officio director on the Board of Director and shall-not-be-included-in-either the category of public interestdirectors or included in the category of shareholder directors . Any employee of the Clearing Corporation may be appointed on the Board of Directors in addition to the managing director, and such director shall be deemed to be a shareholder director. Atleast one-publie interest director shallbe present in the meetings of the Board of Directors to constitute the quorum . The number of public interest directors in a meeting shall not be less than the number of shareholder directors to constitute the quorum for the meeting of the Board of Directors .
(3) The persons to be appointed as Directors should satisfy the criteria of "fit and properperson" as prescribed by SEBI .
(4) No trading member or clearing member , or their associates and agents, irrespective of the stock exchange / clearing corporation of which they are members , shall be on the Board of Directors of the Clearing Corporation.
(5) No foreign portfolio investor shall have any representation in the Board ofDirectors of the Clearing Corporation .
(19) The Article 127 (a) 1 be amended as given here under words in bold be included and words in strike through mode be deleted:
The public interest directors on the Board of Directors of the Clearing Corporation shall be nominated by the SEBI. Public interest directors shallbe nominated for a fixed term ofthree years, or for such extended period, as may be approved by SEBI Public interest directors shall be nominated for a term of three years , extendable by another term of three years , sübject to performance review in the manner as may be specified by SEBI . After the expiry of term(s) at recognised stock exchange or recognised clearing corporation , a public interest director may be nominated for a further term of three years in another recognised stock exchange or recognised clearing corporation or depository, only after a cooling - off period of one १४
महाराष्ट्र शासन राजपत्र भाग दोन- संकीर्ण सूचना व जाहिराती , गुरुवार ते बुधवार , डिसेंबर ३ - ९ , २०२० / अग्र १२-१८ , शके १ ९ ४२
year . If any issue arises as to whether an assignment or position of a public interest director is in conflict with his role , the SEBI's decision shall be final . A-public-interest-direeter may be renominated after a cooling -off-period-of one-year-or-such period-as the SEBI may deem fit in the interest of the securities market. Public interest directors shall be paid only sitting fees as specified in the Companies Act, 2013 .
(20) The Article 127 (a) 3 be amended as given here under words in bold be included and words in strike through mode be deleted:
The Clearing Corporation shall ensure that public interest directors are selected from diverse field of work. While deciding to propose a particular person as a public interest director, the Clearing Corporation shall also take into account the following factors: 1
a) Qualification in the area of law, finance , accounting, economics , management, administration or any other area relevant to the financial markets .
b) Atleast one person may be inducted having experience and background in finance / accounts who may preferably be inducted in the audit committee..
c) Persons currently holding positions of trust and responsibility in reputed organisations or person who have retired from such positions .
d) Persons who are likely to have interested positions in commercial contracts and financial affairs of the Company, may be excluded. Also , persons who are regular traders /speculators in the market or are director in the board of the promoter entity of the Exchange Clearing Corporation shall be excluded.
(21) The Article 127 (a) 4 be amended as given here under words in bold be included:
Public interest directors shall not be simultaneously on the board of the subsidiary of the Clearing Corporation or on the board of any other Exchange/Clearing Corporation / Depository or their subsidiary.
(22) The Article 127 (a) 6 be amended as given here under words in bold be included and words in strike through mode be deleted:
In case ofextension of the term of the public interest director or appointment ofa new public interest director, the Clearing Corporation shall apply to SEBI two months before the expiry of the term. In addition to the other requirements prescribed, the application for extension of term of the public interest director shall be accompanied with, his attendance details on meetings of various mandatory committees and on the Board of Directors of the Clearing Corporation, reasons for waiver of the cooling off period performance review and the reasons for extension of the term .
(23) The following new Article 127 (a) 9 be inserted after existing Article 127 (a) 8:
Aperson may be nominated as a public interest director for a maximum of three terms across recognised stock exchanges / recognised clearing corporations / depositories , subject to a maximum age limit of seventy five years.
(24) The following new Article 127 (a) 10 be inserted after new Article 127 (a) 9:
Apublic interest director shall not act simultaneously as a member on more than five committees of Clearing Corporation. The limitation on maximum number of committees that a public interest director can be member of shall महाराष्ट्र शासन राजपत्र भाग दोन- संकीर्ण सूचना व जाहिराती ,
१५ गुरुवार ते बुधवार , डिसेंबर ३ - ९ , २०२० / अग्र १२-१८ , शके १ ९ ४२
be applicable only to statutory committees prescribed by SEBI under SECC Regulations .
(25) The following new Article 127 (a) 11 be inserted after new Article 127 (a) 10 :
Apublic interest director shall keep the Board of Directors apprised of any conflict of interest, which may arise as a result of the public interest director providing services , either directly or indirectly, to any trading member or clearing member or their associates and agents .
(26) The Article 128 be amended as given here under words in bold be included and words in strike through mode be deleted:
To comply with Guidelines of SEBI
a. Every director of the Company shall abide by the Code of Conduct as specified under Part A of Schedule II of SECC Regulations .
b. Every director of the Company shall abide by the Code of Ethics as specified under Part B of Schedule II of SECC Regulations .
c. Every director of the Company shall be a ' Fit & Proper ' person as specified under Regulation 20 of SECC Regulations .
The Code ofConduct is as under;
i. Meetings-and-minutes
Everydirector of the Clearing Corporation-shall-
a) not participate in discussions on any subject matter inwhich any conflict ofinterest exists or arises , whether pecuniary or otherwise, and in such cases-the-same-shall be disclosed and recorded in the minutes of the meeting;
b) not encourage the circulation of agenda papers during the meeting, unless circumstances-se-require;
c) offertheir comments on the draft minutes and ensure that the same are incorporatedinthe final minutes;
d) insist on the minutes of the previous meeting being placed for approval in-subsequent-meeting;
e) endeavour tohave the date of next-meeting-fixed at each board-meeting in-consultation with other members of the board;
endeavourto ensure that in case all the items of the agenda of a meeting were-not-covered for want of time , the next meeting is held within-fifteen days-for-considering the remaining items
ii.CodeofConduct for the public interest directors.
a)In addition to the conditions stated in Para(i) above, public interest directors of the Clearing Corporation shall, endeavour to attend allthe beard-meetings and they shallbe liable to vacate office if they remain absent for three consecutive meetings of the board-or-do-net-attend seventy-five per cent ofthe total meetings ofthe board in a calendar year.
b)Publicinterest directors shall meet separately, at least once in six months to-Clearing Corporation views on critical issues.
iii. Strategicplanning.
Everydirector of the Clearing Corporation-shall-
a) participate inthe formulation and execution of strategies inthebest interest ofthe Clearing Corporation and contribute towards pro महाराष्ट्र शासन राजपत्र भाग दोन- संकीर्ण सूचना व जाहिराती ,
१६
गुरुवार ते बुधवार , डिसेंबर ३ - ९ , २०२० / अग्र १२-१८ , शके १ ९४२
activedecision making-at-the -board level;
b) give benefit of their experience and expertise to the Clearing Corporation and provide assistance in strategic planning and execution ofdecisions.
c) endeavour to ensure that the Clearing Corporation takes steps commensurate to honour the time limit stipulated by SEBI for correctiveaction;
6) not support any decision in the meeting of the board which may adverselyaffeetthe interest of investors and shall report forthwith any-such -decision tothe SEBI.
vi.Regulatory- compliances .
Every director ofthe Clearing Corporation-shall-
a) endeavour to ensure that the Clearing Corporation abides-by-all-the provisions ofthe Securities and Exchange Board ofIndiaAct, 1992, Securities Contracts (Regulation) Act, 1956,rules and regulations framed thereunder and the circulars, directions-issuedby SEBI from
time-to-time; b) endeavour compliance at all levels so that the regulatory system does not suffer-any breaches;
6) endeavour to ensure that the Clearing Corporation takes steps commensurate to honour the time limit stipulated by SEBI for corrective action;
d) not support any decision-in-the meeting of the board which may adversely affeet the interest of investors and shall report forthwith any such decision to the SEBI.
v.General-responsibility.
Everydirector of the Clearing Corporation shall-
a) place priority for redressing investor grievances and encouraging fair-trade-practice so that the Clearing Corporation becomes a engine for the growth ofthe securities-market;
b) endeavour to analyse and administer the Clearing -Corporation issues with professional competence, fairness, impartiality, efficiencyandeffectiveness ;
6) submit the necessary disclosures/statement of holdings/dealings in securities as required by the Clearing Corporation fromtitime to timeas per their Rules orArticles ofAssociation;
d) unless otherwise required by law, maintain confidentiality-and shallnot divulge/disclose any information obtained in the discharge of their duty and no such information shall be used for personalgains;
e) maintain the highest standards of personal-integrity , truthfulness , honesty and fortitude in discharge of their duties in order to inspire publie confidence and shall not engage in acts disereditabletotheir responsibilities;
f) performtheir duties-in-an- independent and objective manner avoid-activities that may impair, or may appear to impair, their independence-or- objectivity or officialduties;
g) perform their duties with a positive attitude and constructively support open communication, creativity, dedication, and compassion;
h) not engage in any act involving moral turpitude, dishonesty, महाराष्ट्र शासन राजपत्र भाग दोन- संकीर्ण सूचना व जाहिराती ,
१७ गुरुवार ते बुधवार , डिसेंबर ३ - ९ , २०२० / अग्र १२-१८ , शके १ ९४२
fraud, deceit, or misrepresentation or any other act prejudicial-to the-administration ofthe Clearing Corporation. $
128. b. Every director and key management personnel of Clearing Corporationshall abide by the Code of Ethics as set out hereunder:
Code of Ethies
i. Objectives and underlying principles.
TheCodeofEthics for directors and key management personnel ofthe Clearing Corporation seeks to establish a minimum level of business/ professional ethics to be followed-by-these-directors-and-key management personnel,towards establishing -a -fair and transparent marketplace.The CodeofEthies is based on the following fundamental principles:
Fairness and transparency in dealing with matters relating to the ClearingCorporation and the investors.
Compliance with all laws/ rules/ regulations laid down-by regulatory-agencies/ theClearing Corporation.
Exercising due diligence in the performance of duties.
Avoidance of conflict of interest between self interest of directors/ key management personnel and interests of the Clearing Corporation and investors.
ii. Ethicscommittee .
For overseeing implementation of this Code, an ethics committee-shall be-constitutedby the Clearing Corporation under the respectiveBoard ofDirectors.
ii. General standards.
a) Directors and key management personnel shall endeavour to promote greater awareness and understanding of ethical responsibilities.
b) Directors andkey management personnel, in the conduct oftheir business shallobserve high standards of commercial honour and justand equitable principles of trade.
e) The conduct of directors and key management personnel in business life shouldbe exemplary which will set a standard for other members of the Clearing Corporation.
d)Directors-and-key management personnel shall not use their position to give/get favoursto/from the executive or administrative staff of Clearing Corporation , technology-or service providers and vendors of the Clearing Corporation.
e) Directors and key management-personnel-shall not commit any actwhich will put the reputation of the Clearing Corporation, in jeopardy.
f) Directors, committee members and key management personnelof the Clearing Corporation, should comply with all rules-and regulationsapplicable to the securities market.
भाग दोन ( संकीर्ण ) --- ३ महाराष्ट्र शासन राजपत्र भाग दोन- संकीर्ण सूचना व जाहिराती ,
१८
गुरुवार ते बुधवार , डिसेंबर ३ - ९ , २०२० / अग्र १२-१८ , शके १ ९४२
iv. Disclosure of dealings in securitiesby key management personnel of the Clearing Corporation.
a) Key management personnel of the Clearing Corporation shall disclose on a periodie basisas determined by the Clearing Corporation(which could be monthly), all their dealings in securities, directly or indirectly, to the Board ofDirectors / ethies committee/-Compliance Officer. 1
b) The dealings in securities shall also be subject to trading restrictions for securities about which key management personnel in the Clearing Corporation may have non publie price sensitive information. Requirement laid down under Securities andExchange Board of India (Prohibition of Insider Trading) Regulations , 1992 may be referred in this regard.
c) All transactions must be of an investment nature-and-net speculative in nature. Towards this end, all securities purchased must beheld for a minimum period of sixtydays before they are sold. However, in specific/exceptional ciroumstances, sale- can be effected anytime by obtaining pre clearance from the Compliance Officer to waive this condition after recording in writing his satisfaction in this regard.
Explanation. "securities" for the purposes of this Code-shall not include mutual fund units
v. Disclosureof dealings in securities by directors of the Clearing Corporation
a) All transactions in securities by the directors and their family shallbe disolesedto the Beard Directersof the Clearing Corporation.
b) All directors shall also disclose the trading conductedby firms/corporate entities in which they hold twentyper cent. or more beneficial interest or hold a controlling interest, to the Ethies Committee.
e) Directors who are Govt. of India nominees or nominees of Govt. ofIndia-statutory bodies or financial institutions andare governed by their own codes shallbe exempt from this requirement.
vi. Avoidance- of- conflict of interest.
a) No director of the Beard or member of any committee of the Exchange shall participate in any decision making/adjudication in respeet of any person /matter in which-he-is-in-any way, directly or indirectly , concerned-or interested.
b) Whether there is any conflict of interest or not in-a-matter, shouldbedecidedby the Beard ofDirecters.
vii. Disclosures of beneficial interest.
महाराष्ट्र शासन राजपत्र भाग दोन- संकीर्ण सूचना व जाहिराती ,
१९ गुरुवार ते बुधवार , डिसेंबर ३ - ९ , २०२० / अग्र १२-१८ , शके १९ ४२
All-directors and key management personnel shall disclose to BoardofDirectors , upon assuming office and during their tenure in-office,whenever the following arises:
a) any fiduciary relationship of self and family members and directorship/partnership of self-and -family members' in any trading member-or- clearing member,
b) shareholding, in cases where the shareholding of the director, directlyorthrough his family exceeds 5 percent. in anylisted company or in other entities related tothe securities markets;
c) any other business interests.
viii. Role-of-the-Chairperson and directors in the day to day functioning of the Clearing Corporation.
a) The Chairperson-and- directors shall not interfere in the day today functioning of the Clearing Corporation and shall limit their roleto decision making-on-policy issues andto issues astheBoard of Directors may-decide.
b) The Chairperson and directors shall abstain from influencing the employees of the Clearing Corporation in conducting their day to day activities.
6) The Chairperson and directors shall not be directly involved inthe function ofappointment-and- promotion ofemployees unless specifically so decided by the Board ofDirectors.
ix. Accessto information.
a) Directors shall call for information only as part of specific committees or as maybe authorised by the Beardof Directors.
b) There shall be prescribed channels through which information shall- move and further there shall be audit-trail of the same. Any retrieval of confidential documents/ information shall-be -properlyrecorded.
6) All such information, especially which is non-public and price-sensitive, shall be kept confidential and not be used forany personal-consideration/ gain.
d) Any information relating to the business/operations ofthe ClearingCorporation, which may come to the knowledge of directors/ key management personnel during performance oftheir duties shall be held in strict confidence, shall not be divulged to any third party and shall not be used in any manner except for the performance of their
*. Misuse ofposition.
Directors/-committee members shall not use their position to obtain business or any pecuniary benefit in the organization for themselves or family members.
xi.Ethicscommittee to lay down-procedures.
a) The ethies committee shall lay down procedures for the implementation ofthe code and prescribe reporting formats forthedisclosures required under the code.
भाग दोन (संकीर्ण) --- ३अ महाराष्ट्र शासन राजपत्र भाग दोन- संकीर्ण सूचना व जाहिराती ,
२०
गुरुवार ते बुधवार , डिसेंबर ३ - ९ , २०२० / अग्र १२-१८ , शके १ ९४२
b) The Compliance Officer shall execute the requirements laid downby the ethies committee.
Whilethe objective of this Code is to enhance the level of market integrity and investor-confidence, it is emphasized that awritten code of ethies may not completely guarantee adherence to high ethical standards. This can be accomplished only if directors and key management personnel ofthe Clearing-Corporation commit themselves to thetask of enhancing the fairness and integrity of the system inletter and spirit.
(27) The Article 130 (c) be amended as given here under words in bold be included and words in strike through mode be deleted:
The appointment of the managing director shall be for a tenure not less than three years and term not exceeding five years . After the completion of the term of a managing director, the Clearing Corporation shall, in accordance with the prescribed appointment process , appoint the. managing director . A person may be appointed as the managing director by the Clearing Corporation for a maximum of two terms not exceeding five years each , subject to a maximum age limit of sixty five years .
(28) The Article 130 (d) be amended as given here under words in bold be included andwords in strike through mode be deleted:
The managing director the Clearing Corporation shall not-
(i) be a shareholder or an associate of a shareholder of the Clearing Corporation or shareholder of an associate of the Clearing Corporation;
(ii) be a trading member or a clearing member, or his associate and agent, or shareholder of a trading member or clearing member or shareholder of an associate and agent of a trading member or a clearing member; or
(iii) hold anyposition concurrently in the subsidiary of Exchange or Clearing Corporation or in any other entity associated with the Exchange or Celearing Ceorporation .
Provided that the managing director of the Clearing Corporation may be appointed on the Board of Directors , but not as Managing Director, of subsidiary of the Company or a recognised Clearing Corporation as the casemay be .
(29) The Article 130 (g) be amended as given here under words in boldbe included andwords in strike through mode be deleted:
The Nomination & Remuneration Committee of the Clearing Corporation shallconstitutea Committee shall be responsible for the selection of the CEO /Managing Director /Executive Director , as the case may be . The managing director shall be selected through an open advertisement placed in all editions of atleast one national daily from amongst persons qualified in the fields of capital market/ finance/ management and possessing sufficient experience. In case of re-appointment, or extension the Clearing Corporation shall apply to SEBI The Clearing Corporation shall forward the list of candidates for appointment to SEBI before two months before the last working day ofsuch from the last working day of the existing Managing Director.
महाराष्ट्र शासन राजपत्र भाग दोन- संकीर्ण सूचना व जाहिराती ,
२१ गुरुवार ते बुधवार , डिसेंबर ३ - ९ , २०२० / अग्र १२-१८ , शके १ ९४२
(30) The Article 130 (h) be amended as given here under words in bold be included and words in strike through mode be deleted: $
In case a vacancy of managing director arises due to unforeseen reasons, the Clearing Corporation shall forward the list of candidates the new names to SEBI within 60 days from the date of submission of resignation or such vacation of office .
(31 ) The Article 130 ( i) be amended as given here under words in bold be included and words in strike through mode be deleted:
At the time of seeking approval of SEBI for the appointment of the managing director, the Clearing Corporation shall seek approval for the compensation of the managing director from SEBI . The compensation of the Managing Director of a Clearing Corporation shall be in accordance with the following compensation norms stipulated by SEBI:
(i ) The variable pay component will not exceed one- third of total pay.
(ii) 50% of the variable pay will be paid on a deferred basis after three years .
(iii) ESOPs and other equity linked instruments in the Clearing Corporation will not form part of the compensation for the key management personnel- managing director.
(iv) The compensation policy will have malus and clawback arrangements.
Apart from the above, the following shall also be taken into consideration:
a. financial condition / health of the Clearing Corporation,
b. average levels of compensation payable to employees in similar ranks,
c . should not contain any provisions regarding incentives to take excessive risks over the short term,
d. revenues, net profit of the Clearing Corporation,
e. comparable to the industry standards,
f. role and responsibilities of the managing director,
g. periodic review
(32) TheArticle 134 (1) be amended as given here under words in bold be included:
The remuneration payable to Directors, including the Managing Director/ Whole time Director shall, subject to the applicable provisions of The Act , SECC Regulations and of these Articles and of any contract between him and theCompany, be fixed by the Company in General Meeting from time to time, andmaybebyway of fixed salary and/ or perquisites or commission on profits ofthe Company or participation in such profits , or by any or all these modes not expressly prohibited by The Act .
(33) The Article 149 ( 1) be amended as given here under words in bold be included:
No person, not being a retiring Director , shall be eligible for election to the Office ofDirector at any General Meeting, unless he or some other Member २२
महाराष्ट्र शासन राजपत्र भाग दोन- संकीर्ण सूचना व जाहिराती , गुरुवार ते बुधवार , डिसेंबर ३ - ९ , २०२० / अग्र १२-१८ , शके १ ९ ४२
intending to propose him has , at least fourteen days before the meeting, left at the office a notice in writing under his hand signifying his candidature for the Office of Director or the intention of such Member, to propose him, as a candidate for that Office , as the case may be along with a deposit of such sum as may be prescribed which shall be refunded to such person, or as the case may be , to such Member, if the person succeeds in getting elected as a Director or gets more than such per cent of total valid votes as may be prescribed, cast either on show of hands or on poll on such resolution.
Provided that requirements of deposit of amount shall not apply in case of appointment of an independent director or a director recommended by the Nomination and Remuneration Committee .
(34) The Article 155 be amended as given here under words in bold be included and words in strike through mode be deleted:
The voting on a resolution in the meeting of the Board of Directors shall be valid only when the number of public interest directors who have cast their vote on such resolution is equal or more than the number of shareholder directors who have cast their vote on such resolution . The casting vote in the meetings of the Board of Directors shall be with Questions arising at any meeting-shall be decided by a majority of votes, and in case of an equality of vetes, the Chairman of the meeting (whether the Chairman appointed by virtue of these Articles or the Director presiding at such meeting) shall have a second-or-casting-vote.
(35) The Article 156 be amended as given here under words in bold be included and words in strike through mode be deleted:
The quorum for meeting of the Board of Directors of the Company shall be one-third of its total strength (any fraction contained in that one-third being rounded off to the next one) or two Directors whichever is higher and the participation of the directors by video conferencing or by other audio visual means shall also be counted for the purpose of quorum; provided that where at any meeting, the number of interested Directors exceeds or is equal to two- thirds of the total strength , the number of the remaining Directors , that is to say, the number of the Directors who are not interested, present at the meeting being not less than two , shall be the quorum during such time . Further, atleast one-Public Interest Director shall be present in meetings of the Boardto constitute quorum. Further, the number of public interest directors shall not be less than the number of shareholder directors to constitute the quorum for the meeting of the board of directors .
Any Director participating through Electronic Mode in respect of restricted items with the express permission of Chairman shall however, neither be entitled to vote nor be counted for the purpose of Quorum in respect of such restricted items .
Provided that where there is quorum in a meeting through physical presence of directors , any other director may participate through video conferencing or other audio visual means in such meeting on restricted items.
Quorum shall be present throughout the Meeting . Quorum shall be present not only at the time of commencement of the Meeting but also while transacting business.
For the purpose of this Article : -
(1) "total strength " means the total strength of the Directors of the Company as determined in pursuance of the Act, after deducting there from the number of the Directors , if any , whose place may be vacant at the time ;
(2) "interested Director" means any Director whose presence cannot by २३ महाराष्ट्र शासन राजपत्र भाग दोन- संकीर्ण सूचना व जाहिराती , गुरुवार ते बुधवार , डिसेंबर ३ - ९ , २०२० / अग्र १२-१८ , शके १९ ४२
reason of Article 140 or any other provision in the Act count for the purpose offorming a quorum at a meeting of the Board, at the time of the discussion or vote on any matter .
(36) The Article 159 be amended as given here under words in bold be included and words in strike through mode be deleted:
1 The Company shall constitute Committees as to ensure effective oversight of the functioning ofthe Clearing Corporation as mandated under the Companies Act, 2013 , SEBI SECC Regulations and Circulars issued from time to time . Additionally, the Committees that are mandated for listed companies shall apply mutatis mutandis to Clearing Corporation. The Clearing Corporation shall lay down the policy for the frequency of meetings , quorum, etc. , for the statutory committees . The meeting shall be conducted with atleast one public interest director being present except in the case of oversight- committees wherein minimum 50% of the public interest directors need to be present. The composition, terms of reference , frequency and quorum requirements of the Committees may be decided by the Board which shall be in line with the requirements of SECC Regulations and circulars issued by SEBI from time to time , the Companies Act, 2013 and rules made thereunder and SEBI (Listing Obligations and Disclosure Requirements) Regulations , 2015 as applicable . In the case of public interest directors committee, all public interest directors shall be present .
Independent external persons appointed to committees : The Board may in case of the statutory committees mandated by SECC Regulations , appoint independent external persons as its member and also decide the remuneration or fees that may be payable to independent external persons so appointed on respective committees for their meetings . The independent external persons shall be from amongst the persons of integrity, having a sound reputation and not having any conflicts of interests . They shall be specialists in the field of work assigned to the committee . They shall not be associated in any manner with the Clearing Corporation and its members . The Clearing Corporation shall frame the guidelines for appointment, tenure , code of conduct , etc. , of independent external persons . Extension ofthe tenure may be granted at the expiry of the tenure, subject to performance review in the manner prescribed by SEBI for public interest directors . pursuant to a review of the contribution, record of attendance at meetings, ete. The maximum tenure limit of independent external persons in a committee of the Clearing Corporation shall be at par with that of public interest directors as prescribed under SECC Regulations .
TheClearing Corporation-shall constitute the following Committees and such otherCommittees as may be statutorily required:-
Functions handled Composition
Sr. Name of the No Committee
Operational
Committee
1 Membership Selection Committee
(i)The public interest directors shall forma majority of the membership selection committee.
clearing Selection admission of members to the various segments of the corporation
(ii) A maximum of twe key management personnel ofthe clearing corporation shall be on the committee one of which shall necessarily be the Managing महाराष्ट्र शासन राजपत्र भाग दोन- संकीर्ण सूचना व जाहिराती ,
२४
गुरुवार ते बुधवार , डिसेंबर ३ - ९ , २०२० / अग्र १२-१८ , शके १ ९४२
Director of the clearing corporation.
(iii)The committee may also include independent external-persons.
2 Disciplinary Action Committee
i) The disciplinary action committee- shall comprise of public interest directors and officials of the clearing cerperation.
(ii ) The public interest directors shall form a majority of the committee.
The Committee shall formulate the policy for regulatory actions ineluding warning, monetary fine, suspension, deactivation of terminal,expulsion, to be taken for various violations by the members of the clearing corporation.
(iii)A maximum of twe key management personnel ofthe clearing corporation shall be on the committee one of which shall necessarily bethe Managing Director of the clearing cerperation.
Based on the laid down policy, the Committee shall consider thecases of violations observed during inspection, ete and impose appropriate
regulatory measure on-the-members of the clearing corporation.
While imposing the regulatory measure, theCommittee shall adopt a laid down process, based on the'Principleseof naturaljustice
3. Grievance Redressal Committee (GRC
a) The elearing corperation maybeguide by SEBI circular Ref.No. CIR/MRD/DSA/03/2012 dated January20,2012.
To deal with the complaints-referred to it by the Clearing corporation, hear the parties and resolve their complaints disputes
b) The members-of-GRG shall not be associated with aclearing member in-any - manner .
e) The disclosures and code of conduct prescribedunder para-3.4 and 4 of SEBI circular Ref. Ne CIR/MRD/DSA/ 24/2010 dated August 11, 2010, shallbe applicable, as far asmaybe,tomembers of GRCalso.
4 Defaulters' Committee/ SGF
(i)The public interest directers shall form a majority of the defaulter's-committee .
To realize all the assets/deposits of the defaulter/ expelled member महाराष्ट्र शासन राजपत्र भाग दोन- संकीर्ण सूचना व जाहिराती ,
२५ गुरुवार ते बुधवार , डिसेंबर ३ - ९ , २०२० / अग्र १२-१८ , शके १९ ४२
utilisation Committee
( ii) A maximum of two key management personnel of the clearing corporation shall be on the committee.
(iii)The committee-may also include independent external persons such as retired-judge,etc..
and appropriate the same amongst various dues and claims against the defaulter/ expelled member in accordance withthe Rules, Byelaws and Regulations of the Clearing corporation.
Admission- 10 rejection of claims of clients/ trading members/clearing members over the assets of the defaulter/expelled member.
Recommendation in respect of the claims to the Trustees of the IPF on whether the claim is to be paid out of IPF OF otherwise.
The defaulter's committee or any other committee-set up-by the Board of Directors of the elearing corporation with similar composition shall manage- settlement the guarantee fund/ trade guarantee fund of the clearing corporation.
Compensation Committee
i) The Committee shall comprise ofa majority of public interest directors and shallbe chaired by a public interest director.
.The compensation committee shall lay downthe policy for compensation of keymanagement personnel in terms ofthe compensation norms prescribed by the SEBI.
(ii) Shareholder directors or any person appointed bythe Board ofDirectors of the clearing corporation for such purpose may form the balance of the Committee .
The compensation committee shall determine the tenure of the key management personnel to be posted regulatory department to a
भाग दोन (संकीर्ण) --- ४ महाराष्ट्र शासन राजपत्र भाग दोन- संकीर्ण सूचना व जाहिराती ,
२६
गुरुवार ते बुधवार , डिसेंबर ३ - ९ , २०२० / अग्र १२-१८ , शके १ ९४२
6 Selection committee
Committee for the selection of the ManagingDirector
The- Selection Committee- shall comprise of four persons i.e, two publie-interest directors and twe independent external persons . In case of non- availability of adequate number of PIDs or independent external persons,then-the-number of-PID or independent external persons as required could be increased accordingly to form the committee.. Further, the-Clearing Corporation shall- ensure that one PID shall be part of the selection. committee and the meetings-at-all-times.
Oversight Committees
7
Standing committee on technology
The Committee-shall comprise of two outside experts preficient technology and atleast one public interest director
To monitorwhether the technology used by the clearing corporation remains upte date-and-meets the growing demands of the markets . To monitor the adequacy of systems capacity andefficiency.
To look into the changes being suggested by the clearing corporation to the existing software/hardware:
To investigate into problems of computerised Risk Management/ Clearing -and Settlement System system, such as hanging/ slowdown/ breakdown.
To ensure that transparency maintained disseminating is in information regarding slowdown/ breakdown in Risk Management/ Clearing and Settlement System.
The Committee २७ महाराष्ट्र शासन राजपत्र भाग दोन- संकीर्ण सूचना व जाहिराती , गुरुवार ते बुधवार , डिसेंबर ३ - ९ , २०२० / अग्र १२-१८ , शके १ ९४२
shall submit a report to the Board of Directors of the elearing corporation. The SEBI will deliberate on the report and suitable action/ remedial measure will be taken.
Any stoppage beyond five minutes will be explained and reported to the SEBI. The Clearing corporation shall issue apress release specifying the reasons for the breakdown.
(i)The Committee shall comprise ofa majorityof public interest directors.
(ii) One shareholder director-and
To review the actions taken to implement the suggestions of SEBI's InspectionReports.
key (iii) One management personnel
Sub 8. Committee for Monitoring Compliance of given in SEBI inspection report
suggestions.Te place the same before the Board of Directors of the clearing corporation.
To follow up-and ensure compliance implementation- of the-inspection observations.
9. Investor services committee
(i) The investors services committee shall comprise of a majority of public-interest directors.
(ii) The committee may also include independent external persons such as retiredjudge, ete
Supervising the functioning of Investors Services Cell of the Clearing corporation which includes review of complaint resolution process, review of complaints remaining unresolved over long period of time, estimate the adequacy of resources dedicated to investor services, ete
10 PublicInterest Directors' Committee
During-their-meetings, the Public Interest Directors shall review thefollowing:
All the publie interest directors shall necessarily attend every meeting of the committee.
Status- of compliance with SEBI letters/ circulars.
Review
functioning
regulatory
departments
the
of
भाग दोन ( संकीर्ण) --- ४अ २८
महाराष्ट्र शासन राजपत्र भाग दोन- संकीर्ण सूचना व जाहिराती , गुरुवार ते बुधवार , डिसेंबर ३ - ९ , २०२० / अग्र १२-१८ , शके १ ९४२
including the adequaeyof resources dedicated toregulatory functions.
The publie interest directors shall prepare a report on the working of the other-committees- on which they are presentin. The report shall be eireulated to the otherpublic interest directors.
A consolidated repert shall then be submitted to the Board of Directors of the clearing corporation.
The public interest directorsshall identify important issues which may involve conflict of interest for the elearing- corporation er may have significant impact on the market and report the same to SEBI
11 Ethies Committee
To oversee the implementation of the codeof ethics.
The ethics -committee shall- comprise of publie interest directors , shareholder directors , key management personnel -and compliance officer
12
Independent eversight committee of the governing board for member regulation
The committee shall oversee matters related to member regulation such as admission members , inspection, disciplinary action; ete. of
(i) The-Committee shall be comprised of a majority of publie interest directors and shall be chaired by a public interest director. (ii) The balance shall be formed of independent outside-experts
The head(s) of department(s) handling the above matters shall report directly to the committee andalso to the director. managing
Any action of a recognised clearing eorporation against २९ महाराष्ट्र शासन राजपत्र भाग दोन- संकीर्ण सूचना व जाहिराती , गुरुवार ते बुधवार , डिसेंबर ३ - ९ , २०२० / अग्र १२-१८ , शके १ ९४२
the aforesaid head(s) shall-be-subject-to -an appeal to the committee, within such period as maybe determined by the board of directors of the Corporation. Clearing
The committee shall oversee SEBI inspection observationson membership related issues.
To estimate the adequacyof resources dedicatedto member regulation.
Monitor the diselosures made by the Clearing Corporation in accordance with regulation 35 of SECCRegulations.
13 Risk Management Committee
Formulate adetailed risk management policy which shall be-approved-by-the Board ofDirectors.
The risk management committee shall comprise of the public interest directors of the olearing corporation and independent external experts-and-shall-repert tothe Board ofDirectors.
The head of the risk management department shall report to the risk management committee and te the managing director of the recognised clearing corporation.
The management risk committee shall monitor
implementation of the risk management policy and keep the SEBI and the Beard of Directors informed about its implementation and deviation,ifany.
14 Advisory Committee
The Committee shall comprise of clearing members of the clearing corporation.
To advise the Board of Directors of Clearing Corporation on-non-regulatory and operational matters The chairperson- of-the महाराष्ट्र शासन राजपत्र भाग दोन- संकीर्ण सूचना व जाहिराती ,
३०
गुरुवार ते बुधवार , डिसेंबर ३ - ९ , २०२० / अग्र १२-१८ , शके १ ९४२
including produet design, technology, charges-and-levies
Board of Directors shall be the head of the advisory committee-and the managing director shall be a permanent invitee to every-meeting of the -advisory committee
(37) TheArticle 190 (2) be amended as given here under words in bold be included and words in strike through mode be deleted:
A copy of the financial statements , including consolidated financial statements , ifany, auditor's report and every other document required by law to be annexed or attached to the financial statements , which are to be laid before a company in its general meeting, shall be sent to every member of the company, to every trustee for the debenture -holder of any debentures issued by the company, and to all persons other than such member or trustee, being the person so entitled, not less than twenty- one days before the date of the meeting.
Provided that if the copies of the docüments are sent less than twenty- one days before the date of the meeting , they shall, notwithstanding that fact, be deemed to have been duly sent if it is so agreed by members holding majority in number entitled to vote and who represent not less than ninety- five per cent of such part of the paid- up share capital of the Company as gives a right to vote at the meeting .
Provided that the provisions of this sub-section shall be deemed tobe complied with, if the copies of the documents are made available for inspeetion at its registered office during working hours for a period oftwenty onedays before the date of the meeting -and a statement-containing the salient features ofsuch documents in the prescribed form or copies of the decuments , as the company may deem fit, is sentto every member ofthe company andto everytrustee forthe holders of any debentures issued by the company notless than twenty one days before the date of the meeting unless the shareholders ask for full financial statements.
Place Mumbai ,
Date 10th November 2020 .
RAJIV RELHAN , Managing Director & CEO . , ३१ महाराष्ट्र शासन राजपत्र भाग दोन - संकीर्ण सूचना व जाहिराती , गुरुवार ते बुधवार, डिसेंबर ३ - ९ , २०२० / अग्र १२-१८ , शके १ ९ ४२
मिरा - भाईंदर महानगरपालिका
अधिसूचना
वाचले .- ( १ ) महाराष्ट्र महानगरपालिका अधिनियम चे कलम २६० ( १ )
क्रमांक मिभामनपा/ आयुक्त/ ४६/ २०२०-२१ . ज्याअर्थी , महाराष्ट्र महानगरपालिका अधिनियम कलम २६० ( १ क) २६१ , २६४ , २६७ , ४८७ नुसार पदनिर्देशित अधिकाऱ्यांना काही विशिष्ट अधिकार दिले आहेत . पदनिर्देशित अधिकारी म्हणजे कलम २६० ( १ ) अन्वये राजपत्रातील अधिसुचनेद्वारे पदनिर्देशित केलेला अधिकारी अशीही व्याख्या कलम २ ( १६ ख ) अन्वये करण्यात आलेली आहे ;
आणि ज्याअर्थी , उपरोक्त निर्दिष्ट अधिनियमांच्या कलम २६० (१ ) मध्ये पदनिर्देशित अधिकारी म्हणून अधिकाऱ्याचे पद अधिसुचनेत प्रसिद्ध करण्याचे अधिकार आयुक्त यांना देण्यात आलेले आहेत ;
त्याअर्थी मी , डॉ . विजय राठोड, आयुक्त मिरा - भाईंदर महानगरपालिका कलम २६० ( १ ) मधील माझे अधिकाराचा वापर करून महाराष्ट्र महानगरपालिका अधिनियम चे कलम २६४ च्या प्रयोजनाकरीता कार्यकारी अभियंता, बांधकाम विभागाऐवजी खालील प्रमाणे मिरा- भाईंदर महानगरपालिका शहराच्या स्थानिक क्षेत्राकरीता पदनिर्देशित अधिकारी म्हणून नियुक्त करीत आहे .
अ.क्र. (१)
पदनिर्देशित अधिकारी (३)
शहराचा विनिर्दिष्ट स्थानिक भाग (२)
१ प्रभाग समिती क्र . ०१ च्या क्षेत्राची हद्द
प्रभाग समिती क्र. ०१ कार्यालयाचे प्रभाग अधिकारी प्रभाग समिती क्र . ०२ च्या क्षेत्राची हद्द
२
प्रभाग समिती क्र . ०२ कार्यालयाचे प्रभाग अधिकारी ३
प्रभाग समिती क्र . ०३ कार्यालयाचे प्रभाग अधिकारी प्रभाग समिती क्र . ०३ च्या क्षेत्राची हद्द
४
प्रभाग समिती क्र . ०४ कार्यालयाचे प्रभाग अधिकारी प्रभाग समिती क्र . ०४ च्या क्षेत्राची हद्द
५
प्रभाग समिती क्र. ०५ कार्यालयाचे प्रभाग अधिकारी प्रभाग समिती क्र . ०५ च्या क्षेत्राची हद्द
६
प्रभाग समिती क्र . ०६ कार्यालयाचे प्रभाग अधिकारी प्रभाग समिती क्र. ०६ च्या क्षेत्राची हद्द
डॉ. विजय राठोड, भा.प्र.से. , भाईंदर ,
दिनांक २ डिसेंबर २०२० .
आयुक्त, मिरा - भाईंदर महानगरपालिका.
BY DIRECTOR , ON BEHALF OF GOVERNMENT PRINTING , STATIONERY AND PUBLICATION , PRINTED AND PUBLISHED RUPENDRA DINESH MORE , PRINTED AT GOVERNMENT CENTRAL PRESS , 21 - A , NETAJI SUBHASH ROAD , CHARNI ROAD , MUMBAI 400 004 AND PUBLISHED AT DIRECTORATE OF GOVERNMENT PRINTING , STATIONERY AND PUBLICATIONS , 21 - A , NETAJI SUBHASH ROAD , CHARNI ROAD , MUMBAI 400 004. EDITOR : DIRECTOR , RUPENDRA DINESH MORE .