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Which regulatory authorities should be sent notice when a compromise or arrangement is proposed?
  • a)
    Only the Reserve Bank of India
  • b)
    Central Government and the Registrar
  • c)
    Only the Securities and Exchange Board
  • d)
    Central Government, income-tax authorities, and more
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Which regulatory authorities should be sent notice when a compromise o...
Notice should be sent to the Central Government, income-tax authorities, the Reserve Bank of India, the Securities and Exchange Board, the Registrar, stock exchanges, and other relevant authorities as mentioned in Section 230.
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Which regulatory authorities should be sent notice when a compromise or arrangement is proposed?a)Only the Reserve Bank of Indiab)Central Government and the Registrarc)Only the Securities and Exchange Boardd)Central Government, income-tax authorities, and moreCorrect answer is option 'D'. Can you explain this answer?
Question Description
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