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.
Which public sector bank has announced the introduction of Real-Time Xpress Credit on its digital platform?
When is World Lung Cancer Day observed annually?
Which of the following Russian bank launches direct payments in rupees in what would boost bilateral trade and investments in a big way in January 2023?
Who was the Chairman of Hinduja Group and recently passed away in London?
Data Patterns (India) Limited has entered into a licensing and transfer of technology (ToT) agreement with __________ to acquire miniature synthetic ape...
What was the average technical efficiency of Public Sector Banks (PSBs) from FY06 to FY23?
Petr Pavel has been elected President of which country?
As per the Reserve Bank of India (RBI) report, what percentage of global real-time payment volumes does India account for?
Which year did the UN General Assembly establish the International Day of Peace?
What is the effective weed control duration provided by DINKAR herbicide?
