https://www.taxtmi.com/acts?id=36183 Regulation 45 makes acquirers, persons acting in concert, the target company's board, intermediaries and specified advisers liable for action under the regulations and the Act for failure to meet takeover obligations; escrow sums may be forfeited. The Board may suspend or cancel intermediary registration subject to procedure, and those responsible for misstatements or concealment to shareholders are liable. Available measures include criminal prosecution, monetary penalties, regulatory directions, cease and desist orders and adjudication proceedings under the Act. en-us Sat, 02 Mar 2019 19:04:31 +0530 Tue, 05 Mar 2019 11:19:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=36183 Regulation 45 makes acquirers, persons acting in concert, the target company's board, intermediaries and specified advisers liable for action under the regulations and the Act for failure to meet takeover obligations; escrow sums may be forfeited. The Board may suspend or cancel intermediary registration subject to procedure, and those responsible for misstatements or concealment to shareholders are liable. Available measures include criminal prosecution, monetary penalties, regulatory directions, cease and desist orders and adjudication proceedings under the Act. Act-Rules SEBI Sat, 02 Mar 2019 19:04:31 +0530 https://www.taxtmi.com/acts?id=36183