Part C - SPECIAL PROVISIONS FOR A SUBSIDIARY COMPANY GETTING DELISTED THROUGH A SCHEME OF ARRANGEMENT WHEREIN THE LISTED HOLDING COMPANY AND THE SUBSIDIARY COMPANY ARE IN THE SAME LINE OF BUSINESS
Board power to issue directions protects investors and market integrity by enabling remedial action for regulatory violations. The Board is empowered to issue directions where these Regulations are violated and when such action is in the interests of investors and the securities market, exercisable without prejudice to the provisions of the Act and the Securities Contracts (Regulation) Act, 1956, permitting the Board to prescribe measures it deems fit to address non compliance and protect market integrity.
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.
Board power to issue directions protects investors and market integrity by enabling remedial action for regulatory violations.
The Board is empowered to issue directions where these Regulations are violated and when such action is in the interests of investors and the securities market, exercisable without prejudice to the provisions of the Act and the Securities Contracts (Regulation) Act, 1956, permitting the Board to prescribe measures it deems fit to address non compliance and protect market integrity.
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