An IIO shall endeavour to prevent any entity from exercising control over it, directly or indirectly, by acquiring significant ownership... https://www.taxtmi.com/acts?id=55699 Regulation 5 requires an IIO to endeavour to prevent any entity from exercising direct or indirect control through significant ownership or interest. The requirement also covers portfolio transfers causing a change in the IIO's shareholding pattern, thereby addressing control effected through ownership-related changes. en-us Tue, 22 Sep 2026 12:57:24 +0530 Tue, 22 Sep 2026 12:57:24 +0530 TaxTMI RSS Generator An IIO shall endeavour to prevent any entity from exercising control over it, directly or indirectly, by acquiring significant ownership... https://www.taxtmi.com/acts?id=55699 Regulation 5 requires an IIO to endeavour to prevent any entity from exercising direct or indirect control through significant ownership or interest. The requirement also covers portfolio transfers causing a change in the IIO's shareholding pattern, thereby addressing control effected through ownership-related changes. Act-Rules Indian Laws Tue, 22 Sep 2026 12:57:24 +0530 https://www.taxtmi.com/acts?id=55699