International Securities Identification Number requirement imposed for privately placed debt securities, mandating compliance as specified by the board. Regulation 20A is amended to require that consolidation and re-issuance of debt securities be undertaken 'in the manner as may be specified by the Board from time to time,' and clause (a) is substituted to require that the articles of association of the issuer contain no provision, express or implied, contrary to such consolidation and re-issuance. A new Regulation 20B mandates that issuers of debt securities on a private placement basis comply with conditions relating to the issue of the International Securities Identification Number as specified by the Board.
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.
International Securities Identification Number requirement imposed for privately placed debt securities, mandating compliance as specified by the board.
Regulation 20A is amended to require that consolidation and re-issuance of debt securities be undertaken "in the manner as may be specified by the Board from time to time," and clause (a) is substituted to require that the articles of association of the issuer contain no provision, express or implied, contrary to such consolidation and re-issuance. A new Regulation 20B mandates that issuers of debt securities on a private placement basis comply with conditions relating to the issue of the International Securities Identification Number as specified by the Board.
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