(1) The Executive Committee for MNI shall consist of -

1. (i) Chairperson of MNI. ·.· 1
2. (ii) Trader holding the single unified licence of MNI 1
3. (iii) Director or his nominee (ex-officio) 1
4. (iv) M.D.,APAPLMB (ex-officio) 1
5. (v) Executive Member of the Market Committee of MNI who shall be as the member Secretary of the Executive Committee 1

1. (2) In case of emergency, the executive committee may decide issues requiring

approval of the Market Committee. However, such decisions shall be approved by

the Market Committee within forty five days from the date such decisions are

such disapproval shall be without prejudice to the validity of anything

such modification. Executive Committee of MNI.

1. (3) The Executive Committee shall meet as often as necessary but at least once in three calendar months.