https://www.taxtmi.com/acts?id=36440 Regulation 6B requires persons acquiring or holding equity shares or voting rights in a depository to be fit and proper, to seek Board approval when they cross the prescribed shareholding threshold (including concerted acquisitions), and, if approval is refused, to divest excess shares. Holders above the threshold must file an annual declaration confirming fit and proper compliance, and instruments conferring present or future voting rights or equity entitlements are included when determining shareholding for the limits. en-us Tue, 09 Apr 2019 16:49:19 +0530 Tue, 09 Apr 2019 16:49:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=36440 Regulation 6B requires persons acquiring or holding equity shares or voting rights in a depository to be fit and proper, to seek Board approval when they cross the prescribed shareholding threshold (including concerted acquisitions), and, if approval is refused, to divest excess shares. Holders above the threshold must file an annual declaration confirming fit and proper compliance, and instruments conferring present or future voting rights or equity entitlements are included when determining shareholding for the limits. Act-Rules SEBI Tue, 09 Apr 2019 16:49:19 +0530 https://www.taxtmi.com/acts?id=36440