Acquisition time limit extended; validation of late notices and clarified deadlines for jurisdictional challenges and objections. Amendments extend the period to initiate acquisition proceedings by raising the notice-publication limit from six to nine months, validate notices published within that extended period (with exclusion of injunction durations), allow challenges to jurisdiction within 30 days from publication or from the Act's commencement, permit objections within the prescribed period or within 45 days from commencement, and exempt furnishing transfer statements at registration where the declared consideration does not exceed a specified threshold, effective from the stated date.
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Provisions expressly mentioned in the judgment/order text.
Acquisition time limit extended; validation of late notices and clarified deadlines for jurisdictional challenges and objections.
Amendments extend the period to initiate acquisition proceedings by raising the notice-publication limit from six to nine months, validate notices published within that extended period (with exclusion of injunction durations), allow challenges to jurisdiction within 30 days from publication or from the Act's commencement, permit objections within the prescribed period or within 45 days from commencement, and exempt furnishing transfer statements at registration where the declared consideration does not exceed a specified threshold, effective from the stated date.
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