12th October 2004





Broker-wise Outstanding Fee Liability Statements as envisaged under the SEBI (Interest Liability Regularisation) Scheme, 2004


Members are hereby informed that SEBI vide its letter No.MIRSD/DR-1/AK/22516/04 dated 8th October, 2004 (received by the Exchange on 12th October, 2004) has forwarded fee liability statements in respect of brokers of the Exchange in terms of Item 7 of the table under Para 4 of Part II of the SEBI (Interest Liability Regularisation) Scheme, 2004. It has further been advised that brokers are to pay the entire outstanding amount of principal, if any, together with 20% of the outstanding interest as on 1st October, 2004 as indicated in the fee liability statements during the regularisation period i.e. 15th October, 2004 to 15th November, 2004 (both days inclusive). On receipt of the aforesaid payment, the broker shall not be liable for payment of the balance 80% of the outstanding interest. The payment must be made by way of a banker’s cheque or demand draft drawn in favour of “Securities and Exchange Board of India”. It must be accompanied by a copy of the fee liability statement to reach SEBI between 15th October, 2004 and 15th November, 2004 at the address given below :


“Securities and Exchange Board of India,

Fee Cell, Market Intermediaries Registration and Supervision Department,

29th Floor, World Trade Centre,

Cuffe Parade, Mumbai.400 005”


            Members are requested to please collect the aforesaid fee liability statements in original as received from SEBI from Sri Subhas Sur and/or Sri Asim Guin of the Market Operation Department of the Exchange at 4th Floor of 7, Lyons Range, Kolkata.700 001 either personally or through their authorised representative along with their rubber stamp on and from 14th October, 2004.



Secretary & Actg.E.D.