alleryStart learning →A listed company may seek disclosures from other connected persons at whose option?
ASEBI's order
BIts own discretion
CExchange request
DMembers' vote
Answer & Solution
Correct answer: B. Its own discretion
Regulation 7(3) is an enabling provision letting the company at its discretion require other connected persons to disclose holdings and trades.
Keep practising SEBI Takeover and Insider Trading Regulations
Browse all SEBI Takeover and Insider Trading Regulations questions for CA Final, or explore more Law topics.
Related questions
Contravention of the Insider Trading Regulations is dealt with by whom?A pre-cleared trade must be executed within how many trading days at most?The fair disclosure principles call for designating which senior officer?Which Schedule sets out the principles of fair disclosure for the code of practices?The audit committee reviews insider trading compliance at least how often?Designated persons include the CEO and employees up to how many levels below?The company must maintain trading disclosures for a minimum of how long?The trading value that triggers Regulation 7(2) disclosure in a calendar quarter is above