![]() Financial Daily from THE HINDU group of publications Wednesday, Sep 10, 2003 |
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Markets
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Stock Exchanges CSE to seek more time to reply to SEBI notice Our Bureau
Kolkata, Sept. 9 A RECENT notice of the Securities and Exchange Board of India (SEBI), served under Section 11(1) of the Securities Contract (Regulation) Act, 1956, on the Committee of the Calcutta Stock Exchange, pointing out various deficiencies in the management of the exchange, and failure to implement SEBI's directives in a timely manner, was placed before the CSE Committee at its meeting here on Tuesday. The committee members have decided to seek time to respond to the SEBI notice.
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