Board power to issue orders enables regulation of issuance, trading and listing of non-convertible redeemable preference shares. Power of the Board to regulate issuance and listing of non-convertible redeemable preference shares through general or special orders and circulars, covering electronic issuance procedures and price discovery, trading, reporting, clearing and settlement conditions, and listing conditions; a proposed special order against a particular issuer or intermediary requires an opportunity to represent.
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.
Board power to issue orders enables regulation of issuance, trading and listing of non-convertible redeemable preference shares.
Power of the Board to regulate issuance and listing of non-convertible redeemable preference shares through general or special orders and circulars, covering electronic issuance procedures and price discovery, trading, reporting, clearing and settlement conditions, and listing conditions; a proposed special order against a particular issuer or intermediary requires an opportunity to represent.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.