In principle approval for listing: issuers must obtain it from nationwide trading exchanges before issuing further shares or securities. A listed company must obtain in-principle approval from exchanges with nationwide trading terminals before issuing further shares or securities; if not listed on any such exchange, it must obtain in-principle approval from all exchanges where it is listed. Stock exchanges are required to amend listing agreements, notify stakeholders, publish the change for investors and report implementation to the regulator.
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.
In principle approval for listing: issuers must obtain it from nationwide trading exchanges before issuing further shares or securities.
A listed company must obtain in-principle approval from exchanges with nationwide trading terminals before issuing further shares or securities; if not listed on any such exchange, it must obtain in-principle approval from all exchanges where it is listed. Stock exchanges are required to amend listing agreements, notify stakeholders, publish the change for investors and report implementation to the regulator.
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