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SEBI Exemptions – “Life Support ” For Stressed Companies But No “Crutches ” For Other Disabled Companies

June 26, 2020[2020] 117 taxmann.com 335 (Article)
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The SEBI has vide amendments dated June 22 2020 made to the SEBI (Issue of Capital and Disclosure Requirements Regulations) 2018 and The SEBI( Substantial Acquisition of shares and Takeover) Regulations 2011, (Takeover Regulations), has extended certain relaxations from the provisions applicable to preferential issues by listed entities in terms of the said two regulations viz
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