SPECIAL PROVISIONS FOR DELISTING OF INVESTMENT HOLDING COMPANY - Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2021.
SPECIAL PROVISIONS FOR DELISTING OF INVESTMENT HOLDING COMPANY - Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2021.
Regulatory relaxation powers permit procedural waivers and exemptions to foster market innovation within regulatory sandbox conditions. The Board may relax any regulation where the requirement is procedural, a disclosure is irrelevant to a class of industry or company, or non compliance ... Summary
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Regulatory relaxation powers permit procedural waivers and exemptions to foster market innovation within regulatory sandbox conditions.
The Board may relax any regulation where the requirement is procedural, a disclosure is irrelevant to a class of industry or company, or non compliance was caused by factors beyond the acquirer's control. Applications must be self attested and state the relief sought with grounds, and attract a prescribed non refundable fee. The Board may exempt persons or classes for periods not exceeding twelve months to permit innovation in a regulatory sandbox, subject to specified and ongoing conditions.
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