Examples of Exchange Certificates in a sentence
Pursuant to the Clause 47 – C of the Listing Agreement with the Stock Exchange, Certificates on quarterly basis confirming due compliance of share transfer formalities by the Company, Certificate for timely dematerialization of shares as per SEBI (Depositories and Participants) Regulations, 1996 and Secretarial Audit Report for reconciliation of the share capital of the Company are obtained from a practicing Company Secretary and has been submitted to Stock Exchange within stipulated time.
Foreign Exchange Certificates (FECs) are also issued by the government, exchangeable at a market-determined rate.
By the results of a day, when Guarantee Funds resources were used, the Exchange sends Exchange Certificates with a notice to:1) each Exchange insolvent member on the size of its net obligations on variation margin considering the use of resources on its margin guarantee accounts;2) each Exchange solvent member on the amount used from its guarantee account to fulfill net obligations on variation margin of one or several Exchange insolvent members.
The loss was attributable to government regulations required foreign funds to be converted into Foreign Exchange Certificates (FECs), which are then exchanged for the local currency, Kyats resulting in a 25% loss.
Pursuant to Clause 47(c) of the Listing Agreement with the Stock Exchange, Certificates on half-yearly basis have been received from a Company Secretary-in-Practice for due compliance of Share transfer formalities by the Company.