Regulation 107 - In-principle approval of recognized stock exchange(s)
Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 Chapter XI LISTING OF SECURITIES ON STOCK EXCHANGES
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
In-principle approval for listing: issuers must obtain exchange approvals according to presence of nationwide trading terminals. Regulation 107 requires issuers to obtain in principle approval for listings: IPOs and IDR issues need approval from every recognised exchange proposed for listing; for other issues, approval depends on whether proposed listings involve recognised exchanges with nationwide trading terminals, with approval required either from all such nationwide exchanges or from all proposed exchanges when no nationwide exchange is involved.
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.
In-principle approval for listing: issuers must obtain exchange approvals according to presence of nationwide trading terminals.
Regulation 107 requires issuers to obtain in principle approval for listings: IPOs and IDR issues need approval from every recognised exchange proposed for listing; for other issues, approval depends on whether proposed listings involve recognised exchanges with nationwide trading terminals, with approval required either from all such nationwide exchanges or from all proposed exchanges when no nationwide exchange is involved.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.