Power to relax strict enforcement of the regulations

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Full Text of the Document

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....uirement of these regulations, if the Board is satisfied that: a) the requirement is procedural in nature; or b) any disclosure requirement is not relevant for a particular class of industry or issuer; or c) the non-compliance was caused due to factors beyond the control of the issuer. (2) For seeking relaxation under sub-regulation (1), an application, giving details and the grounds on whi....