Pricing date for share issuance: relevant date is the board meeting approving the scheme, guiding pricing for allotments. For share issuances pursuant to schemes of arrangement to select shareholders or shareholders of unlisted companies, the pricing provisions applicable to such issuances apply and the relevant date for computing the price is the date of the Board meeting approving the scheme; stock exchanges must notify listed entities and disseminate the circular.
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.
Pricing date for share issuance: relevant date is the board meeting approving the scheme, guiding pricing for allotments.
For share issuances pursuant to schemes of arrangement to select shareholders or shareholders of unlisted companies, the pricing provisions applicable to such issuances apply and the relevant date for computing the price is the date of the Board meeting approving the scheme; stock exchanges must notify listed entities and disseminate the circular.
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 
