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        SEBI

        Regulation 117 - Lock-in of party-paid securities

        Securities And Exchange Board of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018
        Part IV
        LOCK-IN AND RESTRICTIONS ON TRANSFERABILITY

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        Lock-in period for partly-paid securities ends only after they become pari passu with public securities and the post-parity period elapses. Termination of the lock-in on partly paid specified securities is contingent on those securities becoming pari passu with specified securities issued to the public and then the expiry of a prescribed post-parity period before transfer restrictions end.
                        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.

                              Lock-in period for partly-paid securities ends only after they become pari passu with public securities and the post-parity period elapses.

                              Termination of the lock-in on partly paid specified securities is contingent on those securities becoming pari passu with specified securities issued to the public and then the expiry of a prescribed post-parity period before transfer restrictions end.


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