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          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.

          <h1>No-objection letter requirement: stock exchanges must verify compliance and issue time bound clearance for listed schemes of arrangement.</h1> Draft and final Scheme of Arrangement for entities with listed non-convertible debt securities or non-convertible redeemable preference shares require the designated stock exchange to forward the draft and related documents to the Board, verify compliance with securities laws, and issue a No-Objection Letter within Board-specified timelines; that letter is valid for six months, the exchange must raise objections before the National Company Law Tribunal when the scheme is considered, and after Tribunal sanction forward recommendations to the Board.

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