- , . . -
(i) In clause (1) for the wordsTThe Board may refuse", "the words ^ ThiS Board or Committee may refuse" shali;be substituted; ^
(ii) the proviso to clause (i) shall be omitted: „
(iii) in clause (ii)- : :
(a) In the opening portion for the words ** The Board shall", the words " the Board or Committee shall" shall be substituted . ■ •: i y' . i . _
(b) for sub-clause (b). the following sub- clause'shall be substituted, namely "If it has formed the opinion that such registration ought to.
- _ - be refused on any of:: the grounds mentioned in Sub regulation (i) intimate the same.toi the Transferor and the t ransieree by nctice.in writing giving reasons for such refusal within 60 days from the receipt of transfer form'or " within such period as may be laid down in the Listing Agreement with the concerndd Stock Exchange".
PARTin Sec. 4] THE GAZETTE OF INDIA. NOVEMBER 29. 2003 (AGRAHAVAN-a 8. 1925). - "