https://www.taxtmi.com/circulars?id=64746 Transfers among immediate relatives and transmissions of shareholding in unlisted corporate intermediaries do not constitute change in control; proprietary firm transfers or transmissions that alter legal formation or ownership do constitute change in control requiring prior approval and fresh registration; partnership firms permit inter se transfers among multiple partners without change in control, but induction of a new partner or alteration on death without deed provisions may constitute change in control. Incoming controlling persons must satisfy fit and proper person criteria under SEBI intermediary regulations. en-us Thu, 25 Mar 2021 00:00:00 +0530 Fri, 26 Mar 2021 10:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=64746 Transfers among immediate relatives and transmissions of shareholding in unlisted corporate intermediaries do not constitute change in control; proprietary firm transfers or transmissions that alter legal formation or ownership do constitute change in control requiring prior approval and fresh registration; partnership firms permit inter se transfers among multiple partners without change in control, but induction of a new partner or alteration on death without deed provisions may constitute change in control. Incoming controlling persons must satisfy fit and proper person criteria under SEBI intermediary regulations. Circulars SEBI Thu, 25 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/circulars?id=64746