Notice Dispatch Requirements: mandate verifiable delivery methods for shareholder notices before opening of share issues. The amendment requires valuation by a registered valuer accompanied by compliance with applicable provisions of Chapter III and any prescribed conditions. It also replaces sub section (2) to mandate that the issuance notice be dispatched to all existing shareholders by registered post, speed post, electronic mode, courier or any delivery mode with proof of delivery, and sent at least three days before the opening of the issue.
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.
Provisions expressly mentioned in the judgment/order text.
Notice Dispatch Requirements: mandate verifiable delivery methods for shareholder notices before opening of share issues.
The amendment requires valuation by a registered valuer accompanied by compliance with applicable provisions of Chapter III and any prescribed conditions. It also replaces sub section (2) to mandate that the issuance notice be dispatched to all existing shareholders by registered post, speed post, electronic mode, courier or any delivery mode with proof of delivery, and sent at least three days before the opening of the issue.
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