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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Communication of findings: Board must notify affected parties, allow a hearing, then order measures to ensure market compliance. The Board must convey investigation findings to the acquirer, seller, target company and merchant banker, afford them an opportunity to be heard, consider ... Summary
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Communication of findings: Board must notify affected parties, allow a hearing, then order measures to ensure market compliance.
The Board must convey investigation findings to the acquirer, seller, target company and merchant banker, afford them an opportunity to be heard, consider any reply, and may direct those parties to take measures deemed fit to protect the securities market and ensure compliance with the Act and regulations.
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