SEBI interprets whether offer to 50 or more persons amounts to public & thereby mandates listing under Companies Act, irrespective of intention to list its securities with Stock Exchange - reading together Section 55A with 73
On 24th November 2010, it happened!!! SEBI, the watch dog of Indian Capital Market did its part of research on Companies Act to understand the powers which are already vested with it and has come out [barking :-)] with brilliant interpretations.
SEBI takes a re-look on Section 55A, 56, 60B, 67, 73 & 81(1A) of Companies Act, 1956
Read more: SEBI interprets whether offer to 50 or more persons amounts to public & thereby mandates listing under Companies Act, irrespective of intention to list its securities with Stock Exchange - reading together Section 55A with 73 ~ See Yes -> Yes, ACS
From India, Madras
Acknowledge(0)
Amend(0)
1On 24th November 2010, it happened!!! SEBI, the watch dog of Indian Capital Market did its part of research on Companies Act to understand the powers which are already vested with it and has come out [barking :-)] with brilliant interpretations.
SEBI takes a re-look on Section 55A, 56, 60B, 67, 73 & 81(1A) of Companies Act, 1956
Read more: SEBI interprets whether offer to 50 or more persons amounts to public & thereby mandates listing under Companies Act, irrespective of intention to list its securities with Stock Exchange - reading together Section 55A with 73 ~ See Yes -> Yes, ACS
From India, Madras
Acknowledge(0)Amend(0)Engage with peers to discuss and resolve work and business challenges collaboratively - share and document your knowledge. Our AI-powered platform, features real-time fact-checking, peer reviews, and an extensive historical knowledge base. - Join & Be Part Of Our Community.
Circular No 1-2018 Processing of income-tax returns under section 143(1) of the Income-tax Act .pdf
Performance Review 2008(employee Section).ppt