Ceiling on business from single client

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Full Text of the Document

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....l emanate from any one client in a financial year. Explanation: For the purposes of this regulation, the term "client" shall include, in the case of a firm or a company, an associate or a subsidiary or a group concern under the same management. (2) The decision of the Authority in determining as to whether an associate, subsidiary or a group concern of a company or a firm falls under the sam....