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"companies-act"
Sebi decides to repeal certain circulars related to private placement of securities
Under the Companies Act, 1956, the issuance of securities to 49 people was considered a private placement and the limit was increased to up to 200 under the Companies Act, 2013.
CII wants RBI to review circular on appointment of bank, NBFC auditors
It also suggested to re-consider severe restrictions on capacity and eligibility requirements, limit on number of audits.
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