Chapter III - SUBSTANTIAL ACQUISITION OF SHARES OR VOTING RIGHTS IN AND ACQUISITION OF CONROL OVER A LISTED COMPANY (From Regulation 10 to Regulation 29A)
Power to issue guidance: board may direct on interpretation or application, subject to hearing and recorded reasons. The Board may issue directions, guidance notes or circulars to remove difficulties in interpreting or applying the regulations; where a direction is issued in a specific case it must be preceded by a reasonable opportunity for the concerned parties to be heard and accompanied by recorded reasons for the direction.
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.
Power to issue guidance: board may direct on interpretation or application, subject to hearing and recorded reasons.
The Board may issue directions, guidance notes or circulars to remove difficulties in interpreting or applying the regulations; where a direction is issued in a specific case it must be preceded by a reasonable opportunity for the concerned parties to be heard and accompanied by recorded reasons for the direction.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.