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          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.

          <h1>Promoters' contribution requirement: promoters must hold minimum post-issue stake, with limited shortfall permitted to specified investors.</h1> The regulation requires promoters to hold twenty per cent of post-issue expanded capital, by equity or subscription to convertible securities, with specified institutional or qualifying non-individual investors allowed to cover a limited shortfall without being identified as promoters. Conversion-linked equity must observe pre-determined pricing and not be below the weighted average price when conversions occur on different dates. Promoters must satisfy the contribution at least one day prior to opening; promoter funds intended for contribution must be held in escrow and disclosed if already utilised.

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