Securities and Exchange Board of India (Registrar to Issue and Share Transfer Agents) Amendment Regulations, 1997. - S.O. No.660(E) - SEBI/LE/2005/9/97 - SEBI
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Registrar conflict of interest barred when registrar is an associate of the issuer, preventing appointment on that issue. Regulation 13A bars a registrar to an issue from acting for any securities issue if the registrar and the issuing body corporate are associates, defined by direct or indirect control of not less than ten percent of voting power or by the registrar or any of his relatives being a director of the other; 'relative' has the meaning given in the Companies Act.
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.
Registrar conflict of interest barred when registrar is an associate of the issuer, preventing appointment on that issue.
Regulation 13A bars a registrar to an issue from acting for any securities issue if the registrar and the issuing body corporate are associates, defined by direct or indirect control of not less than ten percent of voting power or by the registrar or any of his relatives being a director of the other; 'relative' has the meaning given in the Companies Act.
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