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        SEBI

        Regulation 6B - Notwithstanding anything contained in these regulations, no person who is a fugitive economic offender .....

        Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
        Chapter II
        SUBSTANTIAL ACQUISITION OF SHARES, VOTING RIGHTS OR CONTROL

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        Fugitive economic offender ban: prohibits public open offers, competing offers or acquisitions of share control by such persons. Regulation 6B bars any person who is a fugitive economic offender from making a public announcement of an open offer, making a competing offer, or entering into any direct or indirect transaction to acquire shares, voting rights, or control of a target company, notwithstanding other takeover 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.

                                Fugitive economic offender ban: prohibits public open offers, competing offers or acquisitions of share control by such persons.

                                Regulation 6B bars any person who is a fugitive economic offender from making a public announcement of an open offer, making a competing offer, or entering into any direct or indirect transaction to acquire shares, voting rights, or control of a target company, notwithstanding other takeover regulations.


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