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Article 27 Termination of Services

27.1 The BSE's services to Participants may be terminated according to these Rules:
27.1.1 Upon a Participant's written request, giving thirty days notice for termination;
27.1.2 In the event that a Participant is terminated from the BSE's Membership Registry, according to Article (32) of the BSE's Internal Regulations;
27.1.3 In the event of bankruptcy or liquidation proceedings against the Participant, pursuant to Article (23) of these Rules.
27.2 Upon reaching a decision regarding the suspension, limitation or termination of services to the Participant, the BSE shall promptly notify the aggrieved Participant, other Participants and the Settlement Bank in respect of such decision.
27.3 After reaching such a decision regarding the procedure for termination of services, and until the final notice of termination of services has been issued, all securities held for the account of such Participant, or his clients, shall be transferred to the securities accounts held with one or more of the other Participants, subject to arrangements reached with the concerned parties.