RULES AND REGULATIONS

	(i)The participants are required to register for Sankalp 09.
	(ii)Their sankalp ID will be used to participate in this event.
	(iii)Event registration can be done only once on any Sankalp ID.
	(iv)Every participant will get an Initial virtual sum Rs15000 to invest in the share market.
	(v)There will be a total of 30 companies in which participants can invest the above given intial amount.
	(vi)Every company has fixed number of share and there will be an upper limit to the amount of 
		share any participant can buy for a company.
	(vii)The transaction of shares will be on first-come-first-serve basis.
	(viii)A single transaction must be completed within a stipulated period of time (to be declared
		 on the day of event)
	(ix)There will be periodic extemporaneous displays called 'STOCKING NEWS' regarding latest
		ups and downs(fraud,bankruptcy,abrupt profits etc.) in the world of stock market.The
		participants are required to manage their money and shares taking into account these updates.
	(x)Every participant must use their own Sankalp ID.Borrowing someone else's ID to participate
		  is not allowed.  

	PRIZES

	There will be special prize for the broker who sell maximum number of shares to clients.
 	There will be  two prizes for two investors who make highest profits.


	NOTE:
	(i)If any of the above mentioned rules are breached by any participant,the organisers have the
	   right to disqualify him/her.
	(ii)The organisers have the right to change the rules of the event anytime they wish and will
		do best to keep the participants updated.However,it is the duty of the participants to keep
		themselves updated.
	(iii)Any decision taken by the organisers about the winners etc. will be final and no queries
		 regarding this will be entertained.
	(iv)The software developed works on a well-defined algorithm and no broker will have any access
		to change it.
	(v)'STOCKING NEWS' displayed works on random function.The organisers are also oblivious to this.
		This will also be handled by the algorithm.