Chapter IV - OBLIGATIONS OF A LISTED ENTITY WHICH HAS LISTED ITS SPECIFIED SECURITIES AND NON-CONVERTIBLE DEBT SECURITIES (From Regulation 15 to Regulation 48)
Chapter VA - CORPORATE GOVERNANCE NORMS FOR A LISTED ENTITY WHICH HAS LISTED ITS NONCONVERTIBLE DEBT SECURITIES (From Regulation 62B to Regulation 62Q)
Chapter VI - OBLIGATIONS OF LISTED ENTITY WHICH HAS LISTED ITS SPECIFIED SECURITIES AND EITHER NON-CONVERTIBLE DEBT SECURITIES OR NON-CONVERTBLE REDEEMABLE PREFERENCE SHARES OR BOTH (From Regulation 63 to Regulation 64)
Chapter VIA - FRAMEWORK FOR VOLUNTARY DELISTING OF NON-CONVERTIBLE DEBT SECURITIES OR NON-CONVERTBLE REDEEMABLE PREFERENCE SHARES AND OBLIGATIONS OF THE LISTED ENTITY ON SUCH DELISTING (From Regulation 64A to Regulation 64I)
Regulation 94A - Draft Scheme of Arrangement & Scheme of Arrangement in case of entities that have listed their non-convertible debt securities or non-convertible redeemable preference shares
Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Chapter X DUTIES AND OBLIGATIONS OF THE RECOGNISED STOCK EXCHANGE(S)
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
No-objection letter requirement: stock exchanges must verify compliance and issue time bound clearance for listed schemes of arrangement. 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.
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.
No-objection letter requirement: stock exchanges must verify compliance and issue time bound clearance for listed schemes of arrangement.
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.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
