RESTRICTION ON TRANSFERABILITY (LOCK-IN) OF PROMOTERS’ CONTRIBUTION, ETC. - Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009
RESTRICTION ON TRANSFERABILITY (LOCK-IN) OF PROMOTERS’ CONTRIBUTION, ETC. - Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009
Liability for contravention permits stock exchanges to impose fines and suspend trading under board guidelines. Liability for contravention attaches to a listed entity or other person who breaches these regulations and, in addition to securities law liabilities, ... Summary
Liability for contravention permits stock exchanges to impose fines and suspend trading under board guidelines.
Liability for contravention attaches to a listed entity or other person who breaches these regulations and, in addition to securities law liabilities, permits stock exchanges to impose fines, suspend trading, freeze promoter/promoter group holdings of designated securities in coordination with depositories, and take other actions as specified by the Board in circulars or guidelines; revocation of suspension and freezing is governed by the Board's circulars or guidelines.
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