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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Regulation 25A allows relaxation of delisting rules if it benefits investors; applications need affidavit and fee.</h1> Regulation 25A of the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009, grants the Board the authority to relax strict enforcement of regulations if it benefits investors and the securities market. To seek such exemptions, promoters, acquirers, or companies must submit a detailed application with a sworn affidavit and pay a non-refundable fee of fifty thousand rupees. The Board will consider the application, provide an opportunity for a hearing, and issue a reasoned order granting or rejecting the exemption as quickly as possible.
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