https://www.taxtmi.com/article/detailed?id=7541 The Regulations create a framework for registration and regulation of information utilities, defining the financial information to be stored, restricting registration to a public company meeting eligibility, governance, net worth and foreign ownership limits, and requiring promoters and key personnel to be fit and proper. The Board processes applications with prescribed fees and documents, may grant in-principle approval, and issues a certificate subject to continuing conditions including prior Board approval for significant share or control changes; the Board may suspend or cancel registration for misrepresentation or non-compliance after a hearing. en-us Wed, 09 Aug 2017 09:40:59 +0530 Wed, 09 Aug 2017 09:40:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7541 The Regulations create a framework for registration and regulation of information utilities, defining the financial information to be stored, restricting registration to a public company meeting eligibility, governance, net worth and foreign ownership limits, and requiring promoters and key personnel to be fit and proper. The Board processes applications with prescribed fees and documents, may grant in-principle approval, and issues a certificate subject to continuing conditions including prior Board approval for significant share or control changes; the Board may suspend or cancel registration for misrepresentation or non-compliance after a hearing. Articles Corporate Laws / IBC / SEBI Wed, 09 Aug 2017 09:40:59 +0530 https://www.taxtmi.com/article/detailed?id=7541