Delisting applicability: regulations govern removal of equity shares from exchanges while excluding institutional trading platform listings. Regulation 3 provides that the delisting regulations apply to equity shares listed on recognised stock exchanges but exclude securities traded on an institutional trading platform; it defines 'shares' to include equity shares with superior voting rights and exempts delisting effected under a sanctioned statutory scheme that prescribes a delisting procedure or provides an exit option to public shareholders.
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.
Delisting applicability: regulations govern removal of equity shares from exchanges while excluding institutional trading platform listings.
Regulation 3 provides that the delisting regulations apply to equity shares listed on recognised stock exchanges but exclude securities traded on an institutional trading platform; it defines "shares" to include equity shares with superior voting rights and exempts delisting effected under a sanctioned statutory scheme that prescribes a delisting procedure or provides an exit option to public shareholders.
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