Thursday, August 29, 2019/06:08PM /NSE
Legend: Additions underlined,
Rule 1.11: Dealing Member to Sponsor Application for Quotations
Any application for a
the listing and quotation of securities on The Exchange must shall
be sponsored by a Dealing Member and made in accordance with the Listing Requirements
as prescribed by the Council from time to time.
1.11.2 Prior to submitting an application, each Dealing Member shall:
(a) Obtain The Exchange's checklist of listings requirements as applicable, and carry out a full compliance review of the requirements; and
(b) Append its signature to The Exchange's checklist of listings requirements, to confirm that every requirement therein has been satisfied; and
(c) Attach the signed checklist to the application.
1.11.3 Where The Exchange observes any breach of
the foregoing, The Exchange may issue a deficiency letter to the Dealing Member
which shall be copied to the issuer.
impose all or any of the following
penalties: (a) Issuance of a
deficiency letter to the Dealing Member which shall be copied to the Issuer; (b) Censure of the Dealing
Member by publishing its name in The Exchange's Broker Trax.