As per a high official at SEBON, no company has applied for the license of the new stock exchange by Monday.
It has created confusion among the aspirant applicants. The board took the decision after the High Court gave an interim order to halt the licensing process of new broker companies, stock exchange and commodity exchange.
However, an aspirant company applying for a new stock exchange is going to the board today to sort out the matter of eligibility for submission of the application. Rajendra Khetan, an industrialist said that the company shall apply for the new stock exchange license if the board allows it, if not, they will go as per the direction given by the board.
Meanwhile, SEBON said that it will take a decision about the application after legal consultation.