Just a moment...

Top
Help
AI OCR

Convert scanned orders, printed notices, PDFs and images into clean, searchable, editable text within seconds. Starting at 2 Credits/page

Try Now
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
Make Most of Text Search
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
  6. Text Search
  7. The system will try to fetch results that contains ALL your words.
  8. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
  9. Text Search
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
❮❮ Hide
Default View
Expand ❯❯
Close ✕
🔎 Acts & Rules - Adv. Search
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text
  • Main Text
  • Main Text + AI Text
  • AI Text
  • Title Only
Law:
---- All Laws----
  • ---- All Laws----
Type:
---- All Types----
  • ---- All Types----
Name of Statute:
?
Select the name of Act / Rule or Regulation
---- All Sections & Parts----
  • ---- All Sections & Parts----
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
RelevanceDefaultSection
Showing Records
collapse
Scroll To Chapter:
---- All Chapters ----
      No Records Found
      ❯❯
      MaximizeMaximizeMaximize
      0 / 200
      Expand Note
      Add to Folder

      No Folders have been created

        +

        Are you sure you want to delete "My most important" ?

        NOTE:

        Acts & Rules
        Showing Results for :
        Reset Filters
        Results Found:
        AI TextQuick Glance by AIHeadnote
        Show All SummariesHide All Summaries
        Expand AllCollapse All
        Expand LawsCollapse Laws
        No Records Found

        Acts & Rules

        Back

        All Acts & Rules

        Showing Results for :
        Reset Filters
        Showing
        Records
        ExpandCollapse
        No Records Found

        Acts & Rules

        Back

        All Acts & Rules

        Showing Results for : Reset Filters
        Case ID :

        Regulation 30 - Bail out takeovers.

        Securities And Exchange Board of India(Substantial Acquisition of Shares And Takeovers) Regulations, 1997
        Chapter IV
        BAIL OUT TAKEOVERS

        📋
        Contents
        Note

        Note

        -

        Bookmark

        print

        Print

        Login to TaxTMI
        Verification Pending

        The Email Id has not been verified. Click on the link we have sent on

        Didn't receive the mail? Resend Mail

        Don't have an account? Register Here

        Bail out takeovers require lead institution oversight to protect minority shareholders through structured rehabilitation and acquisition terms. Regulation 30 requires the lead institution approving a rehabilitation scheme to ensure compliance, appraise financial viability, assess revival funding and prepare a rehabilitation package prioritising minority shareholder protection, good management, effective revival and transparency; the scheme must disclose any change in management and may provide for acquisition by purchase, exchange or both, aiming to eliminate erstwhile promoter shareholding where new promoters acquire control. 'Financially weak company' is defined by accumulated losses eroding a substantial portion of opening net worth.
                          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.

                                Bail out takeovers require lead institution oversight to protect minority shareholders through structured rehabilitation and acquisition terms.

                                Regulation 30 requires the lead institution approving a rehabilitation scheme to ensure compliance, appraise financial viability, assess revival funding and prepare a rehabilitation package prioritising minority shareholder protection, good management, effective revival and transparency; the scheme must disclose any change in management and may provide for acquisition by purchase, exchange or both, aiming to eliminate erstwhile promoter shareholding where new promoters acquire control. "Financially weak company" is defined by accumulated losses eroding a substantial portion of opening net worth.





                                Full Summary is available for active users!
                                Note: It is a system-generated summary and is for quick reference only.

                                Topics

                                ActsIncome Tax
                                No Records Found