BSE notified regarding the Restriction on use of certain words by Trading Member/Authorized Person in their name

Oct 07, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe Bombay Stock Exchange (BSE) on October 03, 2024, notified regarding the Restriction on use of certain words by Trading Member/Authorized Person in their name.

The following has been stated:

• It had advised Members to change their name or the name of their registered Authorized Persons if it contained restricted words indicating a role for which the entity is not registered. This change was required to be made with the Registrar of Companies (ROC)/Registrar of Firms (ROF) and updated in Exchange records by September 30, 2024.

• The timeframe for changing their name with ROC/ROF and updating it in Exchange records has been extended up to October 31, 2024.

[Notification No 20241003-33]


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