SUBSTANTIAL ACQUISITION OF SHARES, VOTING RIGHTS OR CONTROL - Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
SUBSTANTIAL ACQUISITION OF SHARES, VOTING RIGHTS OR CONTROL - Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Regulation 31A - Exemption from enforcement of the regulations in special cases
Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Chapter V-A POWER TO RELAX STRICT ENFORCEMENT OF THE REGULATIONS
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Regulatory sandbox exemptions allow temporary relief from specified takeover regulations subject to Board imposed conditions and continuous compliance. The Board may exempt any person or class from specified provisions for up to twelve months to enable testing of new products, processes, services or ... Summary
Regulatory sandbox exemptions allow temporary relief from specified takeover regulations subject to Board imposed conditions and continuous compliance.
The Board may exempt any person or class from specified provisions for up to twelve months to enable testing of new products, processes, services or business models in a live regulatory sandbox deployed to a limited set of eligible customers. Exemptions are subject to conditions specified by the Board and to continuous compliance with those conditions; the regulatory sandbox is a time limited live testing environment for furthering innovation in the securities market.
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