Dated: 31st May 2011
Sub: Submission of Internal Audit Report for the half year ended 31st March 2011
Trading Members are hereby informed that Exchange vide its Notice dated 28th April 2010 directed the trading members for submitting of Internal Audit Report for the half year ended March 31, 2011 along with annexures and management comments by 30th June 2011.
Accordingly, members may please note that, non submission of internal audit report by 30th June 2011 shall be treated as non-compliance and charges of Rs.100 per day after the due date till the date of submission of the report shall be levied on the member. In case audit report is not received for more than 3 months from the due date the matter shall be placed before Disciplinary Action Committee for taking suitable action.
In view of the above, members who have not submitted their internal audit reports are once again advised to submit the same along with annexures and management comments within 30th June 2011.
In case of any queries / clarification, the trading members may contact Manager (Surveillance)/ Asst. Manager (Surveillance) of the Exchange.