Payment options for securities issues: issuers must offer part- or full-payment routes; part-payments require approvals and minimum upfront. Issuers must offer either part payment on application with the balance payable in calls or full payment on application; part-payment arrangements require a prescribed minimum upfront amount and the issuer must obtain necessary regulatory approvals to facilitate them, and where balance money is collected by calls outside the issue period such collection may be made through electronic banking modes.
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.
Payment options for securities issues: issuers must offer part- or full-payment routes; part-payments require approvals and minimum upfront.
Issuers must offer either part payment on application with the balance payable in calls or full payment on application; part-payment arrangements require a prescribed minimum upfront amount and the issuer must obtain necessary regulatory approvals to facilitate them, and where balance money is collected by calls outside the issue period such collection may be made through electronic banking modes.
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