Power to relax: Central Government may relax rule provisions for specified classes of persons, enabling regulatory flexibility. The rule vests the Central Government with authority to relax any provision of these Rules in relation to specified classes or categories of persons, ... Summary
Power to relax: Central Government may relax rule provisions for specified classes of persons, enabling regulatory flexibility.
The rule vests the Central Government with authority to relax any provision of these Rules in relation to specified classes or categories of persons, permitting modification or disapplication of rule requirements to enable regulatory flexibility under the SEBI/SAT terms framework.
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