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        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.

        <h1>Conversion of government-held optionally convertible debentures restores majority shareholding and avoids open offer via SEBI exemption.</h1> Immediate conversion of government-held optionally convertible debentures into equity at par will restore Government majority holding and, combined with public sector banks and financial institutions, render IFCI a Government company; the Committee of Secretaries recommended the conversion and that the Government seek exemption from making an open offer under the takeover regulations.

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