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Power to relax strict enforcement of the regulations

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..... trict enforcement of any requirement of these regulations, if the Board is satisfied that: (a) the requirement is procedural in nature; or (b) any disclosure requirement is not relevant for a particular class of industry or issuer; or (c) the non-compliance was caused due to factors beyond the control of the issuer. 3 [(2) For seeking relaxation under sub-regulation (1), an applicat .....

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