Prior approval for change in control required; depositories must report specified participant status changes periodically to regulator. Depositories must submit quarterly reports in the prescribed Annexure A format to the regulator covering: corporate restructuring (amalgamation/demerger/consolidation), changes in directors (including managing/whole time directors), changes in shareholding not amounting to change in control, and other matters as appropriate; reports must state if no change occurred and follow procedural guidelines including separate annexures per change type, authorized signature and stamp, electronic and hard copy submission, and inclusion of implementation status in Monthly Development Reports.
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.
Prior approval for change in control required; depositories must report specified participant status changes periodically to regulator.
Depositories must submit quarterly reports in the prescribed Annexure A format to the regulator covering: corporate restructuring (amalgamation/demerger/consolidation), changes in directors (including managing/whole time directors), changes in shareholding not amounting to change in control, and other matters as appropriate; reports must state if no change occurred and follow procedural guidelines including separate annexures per change type, authorized signature and stamp, electronic and hard copy submission, and inclusion of implementation status in Monthly Development Reports.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
