15.03.2012 - Court sets aside Sebi order denying licence to MCX-SX‎
The Bombay High Court on Wednesday directed the Securities and Exchange Board of India (SEBI) to reconsider an application filed by MCX Stock Exchange (MCX – SX) to set up an equity trading platform. The capital market regulator rejected MCX-SX's application in September last, saying that the bourse had failed to comply with the norms on the shareholding structure stipulated for a stock exchange...............................................Full Article: Source
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