No Objection Certificate requirement now required for schemes of arrangement by listed entities, affecting filings and disclosures. The addendum inserts a new requirement in Part I Para A 2(k): a No Objection Certificate (NOC) from lending scheduled commercial banks, financial institutions or debenture trustees must be included, and the amendment applies to all schemes filed with stock exchanges from the date of the circular; stock exchanges must notify listed companies 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.
No Objection Certificate requirement now required for schemes of arrangement by listed entities, affecting filings and disclosures.
The addendum inserts a new requirement in Part I Para A 2(k): a No Objection Certificate (NOC) from lending scheduled commercial banks, financial institutions or debenture trustees must be included, and the amendment applies to all schemes filed with stock exchanges from the date of the circular; stock exchanges must notify listed companies 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 
