Tata Sons: Pub­lic to Pri­vate

The Economic Times - - Companies: Pursuit Of Profit -

Any re­lated party trans­ac­tions with Tata Sons, sub­sidiary Cos, as­so­ciate Cos and fel­low sub­sidiary Cos. Only board ap­proval manda­tory To sell, lease or dis­pose any as­sets of the group com­pa­nies

To in­vest in trust se­cu­ri­ties the amount of com­pen­sa­tion re­ceived by it as a re­sult of any merger or amal­ga­ma­tion To bor­row money ex­ceed­ing the sum of its paid up cap­i­tal and re­serves To ap­point man­ag­ing di­rec­tors, di­rec­tors or fill key man­age­rial po­si­tions and fix re­mu­ner­a­tion

IM­PACT: REG­U­LA­TORY EX­EMP­TIONS TO PRI­VATE LTD COM­PANY RE­STRIC­TION ON SHARE TRANS­FER

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