Securities and Exchange Board of India (SEBI)
V.R. NARSIMHAN
DIVISION CHIEF
October 6, 1995
To,
The President/ Executive Director
of all the stock exchanges, OTC & NSE.
Dear Sir,
Submission of Audit Reports by the members
This is with reference to the Circular No.F1/5/SE/83, of Government of India, Ministry of Finance, Department of Economic Affairs, Stock Exchange Division, dated May 31, 1984 and our letter No.SMD/SED/0012/92 dated December 31, 1992 regarding the aforesaid subject.
The six months period from the closure of the financial year 1994-95 ended on September 30, 1995. Therefore, we request you to furnish the status of submission of Audit Reports for the year 1994-95 by the members of your stock exchange in the following format by October 30, 1995.
Total No. of members | Total No. of active members | No. of members who have submitted Audit Reports for the year 1994-95 | No. of members who have not submitted Audit Reports for the year 1994-95 | Action proposed to be taken by the stock exchange against the defaulting members |
It has also been noted that 10 members of your exchange have not submitted the Audit reports for the year 1993-94.
1. You are requested to give us the list of members who have not submitted the Audit Reports, together with reasons for non submission.
2. If the reasons for non-submission are not satisfactory, you are to take stringent action against such members and sent the report thereon to us.
Yours faithfully,
sd/-
V R NARSIMHAN