Buy-back regulations confirm SEBI's rulemaking authority and set commencement and short-title for buy-back governance. The notification establishes the Buy-back of Securities Regulations made by SEBI under powers of the SEBI Act and the Companies Act; Regulation 1 states ... Summary
Buy-back regulations confirm SEBI's rulemaking authority and set commencement and short-title for buy-back governance.
The notification establishes the Buy-back of Securities Regulations made by SEBI under powers of the SEBI Act and the Companies Act; Regulation 1 states the regulations' short title as the Securities and Exchange Board of India (Buy Back of Securities) Regulations, 1998, and provides that they commence on publication in the Official Gazette, with a noted substitution in the enabling Companies Act reference by a 1999 amendment.
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