Extinguishment of certificates applies to buy-back through book building, extending tender-offer extinguishment procedures to buy-backs. Extinguishment of certificates for tender offers is made applicable, mutatis mutandis, to buy-backs conducted through book building, so that the procedural and documentary measures for extinguishing certificates in tender offers govern the extinguishment process when securities are repurchased via the book-building route, ensuring uniform treatment and regulatory continuity.
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.
Extinguishment of certificates applies to buy-back through book building, extending tender-offer extinguishment procedures to buy-backs.
Extinguishment of certificates for tender offers is made applicable, mutatis mutandis, to buy-backs conducted through book building, so that the procedural and documentary measures for extinguishing certificates in tender offers govern the extinguishment process when securities are repurchased via the book-building route, ensuring uniform treatment and regulatory continuity.
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