https://www.taxtmi.com/acts?id=33773 Regulation 38 mandates that recognised stock exchanges and clearing corporations utilise profits and investments per Board-specified norms, obtain prior Board approval for activities involving deployment of funds except for treasury investments made under an approved governing board investment policy, and pursue unrelated activities only through a separate legal entity with Board approval; employees are barred from simultaneous employment with investee companies and directors, committee members and employees may not accept financial benefits from such companies except meeting-related fees and expenses. en-us Mon, 24 Dec 2018 10:57:38 +0530 Mon, 12 Aug 2024 12:48:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=33773 Regulation 38 mandates that recognised stock exchanges and clearing corporations utilise profits and investments per Board-specified norms, obtain prior Board approval for activities involving deployment of funds except for treasury investments made under an approved governing board investment policy, and pursue unrelated activities only through a separate legal entity with Board approval; employees are barred from simultaneous employment with investee companies and directors, committee members and employees may not accept financial benefits from such companies except meeting-related fees and expenses. Act-Rules SEBI Mon, 24 Dec 2018 10:57:38 +0530 https://www.taxtmi.com/acts?id=33773