04-30-2010, 04:54 PM
Dear, there is certain Fit & Proper Criteria for the major shareholder of NBFC, if a company going to dispose of it major shareholding of NBFC to person X, then the person X will be prospective major shareholder of NBFC which would be definately meet the Fit & Proper Criteria for major shareholder.
Regards,
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Regards,
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