https://www.taxtmi.com/acts?id=36227 Regulation 16 bars any person from holding shareholding or voting rights in a recognised stock exchange or recognised clearing corporation that exceed the Chapter's specified limits at any time, and includes instruments conferring future entitlement to equity in calculating shareholding; any excess holdings at commencement must be reduced to the specified limit within a Board determined transition period, which may extend up to three years. en-us Wed, 06 Mar 2019 09:45:57 +0530 Wed, 06 Mar 2019 09:45:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=36227 Regulation 16 bars any person from holding shareholding or voting rights in a recognised stock exchange or recognised clearing corporation that exceed the Chapter's specified limits at any time, and includes instruments conferring future entitlement to equity in calculating shareholding; any excess holdings at commencement must be reduced to the specified limit within a Board determined transition period, which may extend up to three years. Act-Rules SEBI Wed, 06 Mar 2019 09:45:57 +0530 https://www.taxtmi.com/acts?id=36227