Qualified institutions placement timing limits require completion within a set period and bar immediate subsequent placements. Allotment made under a special resolution for a qualified institutions placement must be completed within twelve months of passing the resolution, and an issuer may not make a subsequent qualified institutions placement until six months have passed from the date of the prior placement.
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.
Qualified institutions placement timing limits require completion within a set period and bar immediate subsequent placements.
Allotment made under a special resolution for a qualified institutions placement must be completed within twelve months of passing the resolution, and an issuer may not make a subsequent qualified institutions placement until six months have passed from the date of the prior placement.
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