General Knowledge · Corporate Laws
According to Section 4B of the Securities Contracts (Regulation) Act, 1956, once SEBI approves and publishes a corporatisation and demutualisation scheme, it:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Requires approval from the Central Government again
- 2Applies only to brokers with majority shareholding
- 3Becomes binding on all stakeholders✓
- 4Is optional for members of the stock exchange
Correct answer
Becomes binding on all stakeholders
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