Tenure limit for convertible or exchangeable securities issued via qualified institutions placement capped at sixty months from allotment. Tenure of convertible or exchangeable eligible securities issued through qualified institutions placement is limited to sixty months from the date of allotment, imposing a time-bound restriction on their convertible or exchangeable character under the applicable regulations.
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.
Tenure limit for convertible or exchangeable securities issued via qualified institutions placement capped at sixty months from allotment.
Tenure of convertible or exchangeable eligible securities issued through qualified institutions placement is limited to sixty months from the date of allotment, imposing a time-bound restriction on their convertible or exchangeable character under the applicable regulations.
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