https://www.taxtmi.com/acts?id=35656 Regulation 23 prohibits issuers from issuing convertible debt instruments to finance replenishment of funds, to provide loans to, or to acquire shares of persons who are part of the same group or under the same management, but allows fully convertible instruments for these purposes where the conversion period is limited to a short specified duration; definitions of "part of the same group" and "under the same management" are tied to established statutory concepts. en-us Mon, 28 Jan 2019 10:05:29 +0530 Mon, 28 Jan 2019 10:49:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=35656 Regulation 23 prohibits issuers from issuing convertible debt instruments to finance replenishment of funds, to provide loans to, or to acquire shares of persons who are part of the same group or under the same management, but allows fully convertible instruments for these purposes where the conversion period is limited to a short specified duration; definitions of "part of the same group" and "under the same management" are tied to established statutory concepts. Act-Rules SEBI Mon, 28 Jan 2019 10:05:29 +0530 https://www.taxtmi.com/acts?id=35656