Securities And Exchange Board Of India (Change In Conditions Of Registration Of Certain Intermediaries) (Amendment) Regulations, 2011 - LAD/NRO/GN/2011-12/03/12650 - SEBI
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Change in control requires prior regulatory approval for intermediaries and standardises registration conditions across regimes. The amendments introduce a unified definition of change in control, replace references to 'change of status or constitution' with 'change in control' across multiple intermediary regulations, and require prior Board approval where a participant proposes change in control. Provisions of regulation 6A apply mutatis mutandis to certain registrations, sub brokers must obtain fresh registration where applicable, and failure to obtain prior approval for change in control is specified as a regulatory contravention.
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 requires prior regulatory approval for intermediaries and standardises registration conditions across regimes.
The amendments introduce a unified definition of change in control, replace references to "change of status or constitution" with "change in control" across multiple intermediary regulations, and require prior Board approval where a participant proposes change in control. Provisions of regulation 6A apply mutatis mutandis to certain registrations, sub brokers must obtain fresh registration where applicable, and failure to obtain prior approval for change in control is specified as a regulatory contravention.
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