Section 48 of SFC Act : Section 48: Power Of Board To Make Regulations

SFC Act

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Explanation using Example

Imagine a scenario where the State Financial Corporation (SFC) of a particular state wants to streamline its operations and ensure compliance with the State Financial Corporations Act, 1951. To achieve this, the Board of the SFC decides to create a set of regulations.

For instance, the SFC is planning to issue new shares to raise capital for its operations. To do s...

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Explanation using Example

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