OBLIGATIONS OF LISTED ENTITY WHICH HAS LISTED ITS NON-CONVERTIBLE SECURITIES - Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
OBLIGATIONS OF LISTED ENTITY WHICH HAS LISTED ITS NON-CONVERTIBLE SECURITIES - Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
Regulation 67 - General Obligations of listed entity
Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Chapter VII OBLIGATIONS OF LISTED ENTITY WHICH HAS LISTED ITS INDIAN DEPOSITORY RECEIPTS
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Dispute resolution mechanism mandates mediation, conciliation, or arbitration and Indian jurisdiction for IDR investor disputes. Regulation 67 requires that all communications with exchanges and IDR holders be in English, that the listed entity comply with its country-of-origin ... Summary
Dispute resolution mechanism mandates mediation, conciliation, or arbitration and Indian jurisdiction for IDR investor disputes.
Regulation 67 requires that all communications with exchanges and IDR holders be in English, that the listed entity comply with its country-of-origin laws, accept Indian courts and regulatory jurisdiction for IDR-related disputes, and continuously provide information requested by the stock exchange. It mandates submission of investor claims and disputes arising from securities-market activities in relation to IDRs to a dispute resolution mechanism including mediation, conciliation or arbitration as per procedures specified by the Board, replacing the prior arbitration-only route.
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