Regulation 7 - Confirmation of compliance with Sub-section (8) of Section 4B
Securities Contracts (Regulation) (Manner of Increasing and Maintaining Public Shareholding in Recognised Stock Exchanges) Regulations, 2006 Chapter II MANNER OF INCREASING PUBLIC SHAREHOLDING
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Confirmation of compliance: Board issues confirmation when an exchange satisfies required public shareholding provisions under Section 4B. When the Board is satisfied that a recognised stock exchange has complied with the substantive public shareholding provision and the related Chapter of the Securities Contracts (Regulation) (Manner of Increasing and Maintaining Public Shareholding in Recognised Stock Exchanges) Regulations, 2006, it shall issue a confirmation to the recognised stock exchange to that effect.
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.
Confirmation of compliance: Board issues confirmation when an exchange satisfies required public shareholding provisions under Section 4B.
When the Board is satisfied that a recognised stock exchange has complied with the substantive public shareholding provision and the related Chapter of the Securities Contracts (Regulation) (Manner of Increasing and Maintaining Public Shareholding in Recognised Stock Exchanges) Regulations, 2006, it shall issue a confirmation to the recognised stock exchange to that effect.
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