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Section 16

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Section 16(a)
Provision of the Securities Exchange Act of 1934 that requires company insiders to file periodic reports disclosing their holdings and changes in beneficial ownership of the company's equity securities.

Section 16(b)
Provision of the Securities Exchange Act of 1934 that requires that any profit realized by a company insider from the purchase and sale, or sale and purchase, of the company's equity securities within a period of less than six months must be returned to the company. It is also known as the "short-swing profit" rule.


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Any proposed uses or developments that fall under "Column 2," or as noted under the terms of the guidance notes on application for permission under town planning ordinance require submitting section 16 applications.
When asked about legal proceedings for failing to implement EPOs, the EPA officials said, section 16 of the Environmental Protection Act provides for fine up to Rs.
It also discusses potential liabilities and statutory defenses for insider trading, as well as liability for short-swing profits under Section 16 of the Securities Exchange Act of 1934.
 
 
 
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