1. By
Saurabh Nehete
Vivek TV
Sagar Edke
Harsh Bakore
Ashish Barapatre

2.  Corporate governance, in plain terms, refers to the rules, processes, or laws
by which businesses are operated, regulated, and controlled.
 In recent times, corporate governance has received increased
attention because of high-profile scandals involving abuse of
corporate power and, in some cases, alleged criminal activity by
corporate officers.
 An integral part of an effective corporate governance regime
includes provisions for civil or criminal prosecution of individuals
who conduct unethical or illegal acts in the name of the enterprise.

3.  Objective of corporate governance is maximization of
shareholders wealth
 The rules, process or laws by which business are operated,
regulated and controlled
 Internal factors defined by the officers, stockholders or
constitution as well as external forces such as consumer
groups, clients and government regulations

4.  Section 2(j) Securities Contract (Regulation) Act,1956, “stock
exchange” means—
 (a) any body of individuals, whether incorporated or not,
constituted before corporatization and demutualization under
sections 4A and 4B, or
 (b) a body corporate incorporated under the Companies Act, 1956
(1 of 1956)
 whether under a scheme of corporatization and demutualization
or
 Otherwise, for the purpose of assisting, regulating or controlling
the business of buying,
 Selling or dealing in securities.

5.  Platform to the companies for raising additional funds.
 Trading floor.
 Trading using Network.
 The purpose of a stock market is to facilitate the exchange of
securities between buyers and sellers, reducing the risks of
investing.

6.  Helps to increase goodwill of company.
 New market for securities.
 Ready market for the purchase and rate of securities.
 Helps to gain confidence among investors.
 Get information to corporate sector regarding trends of
investment, investors, choice and priorities.
 Helps in creating the habit of savings.
 Invest their savings in corporate and government securities.

7.  Demutualization means restructuring the stock exchange and changing it
from a nonprofit organization mutually owned organization by its
members into a profitable company owned by various entities including
the public.
 Corporatization means stock exchange should be organized as a company.

8.  National Stock Exchange (NSE)
 Over the Counter Exchange of India (OTCEI)

9.  Right of appeal against refusal of stock exchanges to list
securities of public companies.
 Applications in Respect of New Issues or Offers for Sale or
Book-Building

10. Stock exchange can delist companies for a number of reasons
including :-
• Merger with another company
• Solvency problems
• Name change company asked to be removed
• Failure to comply with exchange rules

11.  For the discharge of its functions efficiently, SEBI has been vested with the
following powers:
 To approve by−laws of stock exchange .sebi
 To require the stock exchange to amend their by−laws.
 Inspect the books of accounts and call for periodical returns from recognized stock
exchanges.
 Inspect the books of accounts of a financial intermediaries.
 Compel certain companies to list their shares in one or more stock exchanges.
 Registration brokers.

12.  Primary Market
 Opportunity to issuers of securities; Government as well as corporates
 At Face Value, Discount or Premium value
 Secondary Market
 Traded after being initially offered to the public in the primary market

13. Thank You