Shareholding in a Depository
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....ercent of the paid up equity share capital in a Depository: Provided that,- (i) a stock exchange; (ii) a depository; (iii) a banking company; (iv) an insurance company; and (v) a public financial institution, may acquire or hold, either directly or indirectly, either individually or together with persons acting in concert, upto fifteen perce....
TaxTMI