DISCLOSURES OF SHAREHOLDING AND CONTROL IN A LISTED COMPANY - Securities And Exchange Board of India(Substantial Acquisition of Shares And Takeovers) Regulations, 1997
DISCLOSURES OF SHAREHOLDING AND CONTROL IN A LISTED COMPANY - Securities And Exchange Board of India(Substantial Acquisition of Shares And Takeovers) Regulations, 1997
Securities And Exchange Board of India(Substantial Acquisition of Shares And Takeovers) Regulations, 1997 Chapter V INVESTIGATION AND ACTION BY THE BOARD
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Prior notice requirement for investigations, with a written exception where notice would harm investor interests. Regulation 39 requires the Board to give prior notice to the acquirer, seller, target company and merchant banker before ordering an investigation, binds ... Summary
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Prior notice requirement for investigations, with a written exception where notice would harm investor interests.
Regulation 39 requires the Board to give prior notice to the acquirer, seller, target company and merchant banker before ordering an investigation, binds those parties during the investigation to discharge obligations under the following regulation, and permits the Board by written order to dispense with notice when giving notice would be adverse to investor interests.
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