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        Indian Laws

        Regulation 23 - Change in control

        International Financial Services Centres Authority (Capital Market Intermediaries) Regulations, 2025
        Chapter III
        GENERAL OBLIGATIONS AND RESPONSIBILITIES

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        Change in control: incorporated CMIs require prior Authority approval; branches must intimate Authority and relevant market institution promptly. CMIs in an IFSC face specific change-in-control duties: a branch must intimate the Authority and its market infrastructure institution, if applicable, within fifteen days of any direct or indirect change in control; an incorporated CMI must seek the Authority's prior approval for any direct or indirect change in control.
                          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: incorporated CMIs require prior Authority approval; branches must intimate Authority and relevant market institution promptly.

                                CMIs in an IFSC face specific change-in-control duties: a branch must intimate the Authority and its market infrastructure institution, if applicable, within fifteen days of any direct or indirect change in control; an incorporated CMI must seek the Authority's prior approval for any direct or indirect change in control.


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