The Calcutta Stock Exchange Association Limited

Topics: Stock exchange, Stock market, Stock Pages: 83 (19849 words) Published: December 17, 2012


|The Companies Act, 1956 | |Company Limited by Shares | |Memorandum of Association | |Of | |The Calcutta Stock Exchange Association Limited |

|I | |The name of the Company is “ THE CALCUTTA STOCK EXCHANGE ASSOCIATION LIMITED” | | | | | |II | |The Registered Office of the company will be situated in West Bengal. | |III | |The Objects for which the company is established are :- | |A | |MAIN OBJECTS | | |1 |To facilitate, promote, assist, regulate and manage in the public interest, dealings in securities of all kinds [ which shall include| | | |all securities defined as such under the Securities Contracts (Regulations) Act, 1956 and all other instruments of any kind including| | | |money market instruments] and to provide specialised, advanced, automated and modern facilities for trading, clearing and settlement | | | |of securities, with a high standard of integrity and honour, and to ensure trading in a transparent, fair and open manner with access| | | |to investors from areas in or outside India. | | |2 |To initiate, facilitate and undertake all steps of all such activities in relation to Stock Exchange, Commodity Markets, Money | | | |Markets, Financial Markets, Securities Markets, Capital Markets, as are required for better investor’s service and protection, | | | |including but not limited to; taking measures for ensuring greater liquidity (both in terms of breadth and depth of securities) for | | | |the investor, providing easier access to the Exchange, facilitating inter-market dealings and generally to facilitate transactions in| | | |securities in a cost effective, expeditious and efficient manner. | | |3 |To support, develop, promote and maintain a healthy market in the best interests of the investor and the general public and the | | | |economy and to introduce high standards of professionalism among themselves and with investors and the financial securities, | | | |commodity, money and capital markets in general. | |B | |THE OBJECTS INCIDENTAL OR ANCILLARY TO THE ATTAINMENT OF THE MAIN OBJECTS ARE :- | | |4 |To carry on business as a self regulatory organization. | | |5 |To form and operate one or more segments, which may include cash segments, derivatives segments, Commodity...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Stock Exchange Essay
  • Stock Exchange Essay
  • Stock Exchange Essay
  • Stock Exchange Essay
  • stock exchange Essay
  • Demutualisation of Toronto Stock Exchange Essay
  • Stock Exchanges Essay
  • Problem of Chittagong Stock Exchange Essay

Become a StudyMode Member

Sign Up - It's Free