Chapter V - RIGHTS AND OBLIGATIONS OF DEPOSITORIES, PARTICIPANTS, ISSUERS, MANNER OF SURRENDER OF CERTIFICATE OF SECURITY AND CREATION OF PLEDGE OR HYPOTHECATION (From Regulation 26 to Regulation 58C)
Change in control and control definitions shape depository governance and sponsor obligations under SEBI regulation. Regulation 2 sets statutory definitions for depositories and participants, specifying governance and role descriptors (governing board, inspecting officer, key management personnel, public interest director, regulatory department, shareholder director) and linking undefined terms to meanings in the Act and related statutes. It delineates ownership and governance-related concepts by defining change in control (with a controlling interest explanation), cross-referencing an external definition of control, and prescribing the meaning and deeming rule for sponsor.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Change in control and control definitions shape depository governance and sponsor obligations under SEBI regulation.
Regulation 2 sets statutory definitions for depositories and participants, specifying governance and role descriptors (governing board, inspecting officer, key management personnel, public interest director, regulatory department, shareholder director) and linking undefined terms to meanings in the Act and related statutes. It delineates ownership and governance-related concepts by defining change in control (with a controlling interest explanation), cross-referencing an external definition of control, and prescribing the meaning and deeming rule for sponsor.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
