Amendment to section 115AB: substitution of Central Government with Securities and Exchange Board of India as the relevant authority. The amendment substitutes the words "Central Government" in clause (a) of the Explanation to section 115AB with the Securities and Exchange Board of ... Summary
Amendment to section 115AB: substitution of Central Government with Securities and Exchange Board of India as the relevant authority.
The amendment substitutes the words "Central Government" in clause (a) of the Explanation to section 115AB with the Securities and Exchange Board of India, established under the Securities and Exchange Board of India Act, 1992, thereby naming SEBI as the relevant authority for that Explanation, effective from the commencement date stated in the Finance Act, 2001.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.