Pre-clearance certificate from Compliance officer is required for acquisition of equity shares from liquidator : SEBI clarifies

The market regulator, SEBI has clarified via. Informal guidance that Pre-clearance certificate from Compliance officer is required for acquisition of equity shares from liquidator as the promoters don’t have sensitive information regarding securities. As a result, the same transaction would not come under the ambit of prohibited insider trading.The market regulator, SEBI has clarified via. Informal guidance that Pre-clearance certificate from Compliance officer is required for acquisition of equity shares from liquidator as the promoters don’t have sensitive information regarding securities. As a result, the same transaction would not come under the ambit of prohibited insider trading.taxmann.com Latest Statutory HappeningsRead More

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