Unpaid dues compliance required before filing schemes of arrangement, with prescribed reporting and forwarding to regulator. Listed entities must settle all dues, fines and penalties to regulators, stock exchanges and depositories before filing a draft scheme; if dues remain, they must submit a prescribed Unpaid Dues Report with the draft scheme, which stock exchanges will forward to the regulator before the regulator issues comments; false statements invite punitive action.
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.
Unpaid dues compliance required before filing schemes of arrangement, with prescribed reporting and forwarding to regulator.
Listed entities must settle all dues, fines and penalties to regulators, stock exchanges and depositories before filing a draft scheme; if dues remain, they must submit a prescribed Unpaid Dues Report with the draft scheme, which stock exchanges will forward to the regulator before the regulator issues comments; false statements invite punitive action.
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