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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Regulation 31 ensures pre-2009 delisting actions follow old rules; new proposals adhere to 2009 updates.</h1> Regulation 31 of the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009, addresses the repeal and savings of previous guidelines. Actions or rights acquired under the 2003 guidelines before the new regulations commenced will continue to be governed by those guidelines. Delisting proposals made before the new regulations, where the offer price was not set, will proceed under the updated 2009 regulations. Any ongoing or completed exit opportunities under the 2003 guidelines will be finalized according to those guidelines. Amendments in 2015 and 2018 updated these provisions.
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