Lock-in requirements: pre-issue capital subject to minimum post-allotment holding with specified exceptions and limited pledge and transfer rules. Regulation 288 requires the entire pre-issue capital to be locked-in for a minimum period from allotment or listing, with exceptions for employee share schemes and employee stock option trust transfers (subject to share based benefits rules), venture capital and qualifying AIF or foreign venture investor holdings which attract a longer prescribed holding period, and persons other than promoters who held shares continuously for the pre-listing holding duration; convertible instruments' holding periods are combined for calculation.
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 requirements: pre-issue capital subject to minimum post-allotment holding with specified exceptions and limited pledge and transfer rules.
Regulation 288 requires the entire pre-issue capital to be locked-in for a minimum period from allotment or listing, with exceptions for employee share schemes and employee stock option trust transfers (subject to share based benefits rules), venture capital and qualifying AIF or foreign venture investor holdings which attract a longer prescribed holding period, and persons other than promoters who held shares continuously for the pre-listing holding duration; convertible instruments' holding periods are combined for calculation.
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