Shareholding caps limit resident and foreign stakes in recognised clearing corporations while permitting higher holdings for specified institutions. Regulation 22B imposes statutory shareholding caps in a recognised limited purpose clearing corporation: resident and non-resident persons face a baseline minority restriction, while specified domestic and foreign institutional or market infrastructure entities may hold up to a higher permitted stake. A separate aggregate limit constrains total non-resident ownership, and founding shareholders are subject to a mandatory lock-in period from the date of recognition by the Board.
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.
Shareholding caps limit resident and foreign stakes in recognised clearing corporations while permitting higher holdings for specified institutions.
Regulation 22B imposes statutory shareholding caps in a recognised limited purpose clearing corporation: resident and non-resident persons face a baseline minority restriction, while specified domestic and foreign institutional or market infrastructure entities may hold up to a higher permitted stake. A separate aggregate limit constrains total non-resident ownership, and founding shareholders are subject to a mandatory lock-in period from the date of recognition by the Board.
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