Definitions
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....s) Regulations, 2011; (B) whose shares are not listed on any recognised stock exchange, shall be construed with reference to the definition of control as provided in Section 2(27) of the Companies Act, 2013 (18 of 2013); (ii) in a case other than that of a body corporate, shall be construed as any change in its legal formation or ownership or change in controlling interest. Explanation - For the purpose of sub-clause (ii), the expression "controlling interest" means an interest to the extent of not less than fifty percent of voting rights or interest, either directly or indirectly; (d) "clearing corporation" shall mean a clearing corporation as defined in regulation 2(1)(d) of the Securities Contracts (Re....
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....r Chapter V; (k) "issue" shall have the meaning assigned to it under the Securities and Exchange Board of India (Merchant Bankers) Regulations, 1992; (l) "market abuse" means a manipulative, fraudulent and unfair trade practice including through a mule account which may contravene any of the provisions of the Securities and Exchange Board of India (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) Regulations, 2003 or the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 or Section 12A of the Act; (m) "mule account" shall have the meaning assigned to it under the Securities and Exchange Board of India (Prohibition of Fraudulent and Unfair Tr....
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