major shareholding definition
major shareholding means “aggregate holding” of five per cent or more of the paid-up share capital or voting rights in a banking company by a person;
major shareholding means “aggregate holding” resulting in / likely to result in the applicant having 5 per cent or more of the paid-up share capital of the concerned bank or entitles him to exercise 5 per cent or more of the total voting rights of the concerned bank.
major shareholding means “aggregate holding” resulting in / likely to result in the applicant acquiring 5 percent or more of the paid-up equity share capital of the insurer;”