Executive Committee of MNI.

General2020136 sections

Statutory text

(1) The Executive Committee for MNI shall consist of- (i) Chairperson of MN! —I (ii) Trader holding the single unified licence of MNI -. ..... --- 1 (iii) Managing Director ,NSAPLM.B (ex- OffiCIO) or his nominee not below the rank of Under Secretary to Go! —1 (iv) Executive Member of the Market Committee of MM who shall be as the member Secretary of the Executive Committee I
(2) In case of emergency, the executive committee may decide Issues requiring approval of the Market Committee. Ho.vcr 'iuh decisions shall be approved by the Market Committee within forty five days from the dale such decisions are taken. Failure in doing so or in event of disapproval of such decisions by the market committee, such decision shall stand null and vOid, so however, that any such disapproval shall be without prejudice to the validity of anything previously done under that decision: Provided that lithe Market Committee makes any modifications in such decision, the decision shall have effect only in such modified form from the due of such modificatton
(3) The Executive Committee shall meet .as often as necessary but at least once in a calendar month.

Study data processing for this section.

PDF: pending for this language.