Question
As per the provisions of SEBI (SAST), 2011 during
acquisition of a company “CONTROL” includes rights to I. Appoint majority of directors II. Control the management III. Control policy decisionsSolution
The SAST Regulations 2011 states that control includes the right to appoint majority of directors or to control the management or policy decisions, which can be exercised by a person or persons acting individually or in concert, directly or indirectly, including by virtue of their shareholding or management rights or shareholders agreements or voting agreements or in any other manner.
Consider the following statements regarding relevancy of state of mind evidence under Section 12 of the Bharatiya Sakshya Adhiniyam, 2023:
Sta...
Any application made under section 19(1) of the Recovery of Debts and Bankruptcy Act for seeking permission from the Debts Recovery Tribunal shall be de...
Under Section 11(2) of the SEBI Act, 1992, SEBI receives an anonymous complaint that a large investment advisory firm has been providing personalized in...
Which of the following types of estoppel are explicitly covered in specific provisions of BSA?
What are the classes of Criminal Courts besides the High Courts and the Courts constituted under any law, other than the Bhartiya Nagarik Suraksha Sanhi...
Which of the following is not required for the liability of a master to arise for a servant's actions?
In which of the following cases the principle of res gestae was discussed briefly and as an exception the Hearsay rule?
The Office of the Prime Minister of India has been created by:
As per Section 7 verbatim, the Central Government may, in consultation with the Commission, make rules with respect to:
It is the duty of _______ to communicate the president about decisions of council of ministers
