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          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.

          <h1>Buy-back obligations: companies must ensure truthful disclosures and restrict issuance and promoter trading until offer closure.</h1> Regulation 19 requires that companies conducting a buy-back ensure truthful, director certified disclosure in the letter of offer and publicity; refrain from issuing further shares or specified securities until the offer closes; pay consideration only in cash; not withdraw the offer after filing the draft letter or making the public announcement; restrict promoter dealings in listed securities from resolution to closure; and generally not raise capital for one year post closure except to meet subsisting obligations. Additional obligations include nomination of a compliance officer, reporting extinguished certificates to exchanges within seven days, prohibition on buying locked in or non transferable securities, and specified post completion public disclosures.

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