Debt equity ratio for listed housing finance companies now set by regulator in consultation with the government. The amendment provides that the debt equity ratio for listed housing finance companies shall be specified by the sectoral regulator, to be determined in consultation with the Central Government, thereby making the regulator's consultative specification the operative standard under the Companies General Rules.
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.
Debt equity ratio for listed housing finance companies now set by regulator in consultation with the government.
The amendment provides that the debt equity ratio for listed housing finance companies shall be specified by the sectoral regulator, to be determined in consultation with the Central Government, thereby making the regulator's consultative specification the operative standard under the Companies General Rules.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.