The definition of ‘control’ has been one of the most debatable issues under Indian corporate law. The Sebi has recently issued a discussion paper that proposes ‘bright-line tests’ for defining control ...
Foreign investors have been concerned about the conflicting definitions of control. The finance and commerce ministers will meet to finalise the definition of control, sources told CNBC-TV18. This ...
Mumbai: The Securities and Exchange Board of India (Sebi) said on Friday that it intends to retain its definition of ‘control’ of companies and drop the suggestions it had made to alter the definition ...