TMI BlogExemption u/s 11 - violation of the provisions of section 13(1)(d) and 13(2)(h) - Being a chairman in a...Exemption u/s 11 - violation of the provisions of section 13(1)(d) and 13(2)(h) - Being a chairman in a company does not amount to holding a 'substantial interest' therein in terms of the clear mandate of Explanation 3 to section 13 of the Act. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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