Delisting scope narrowed: regulations exclude securities listed without public issue on institutional trading platforms from applicability. The amendment substitutes the proviso to regulation 3(1) to provide that the Delisting Regulations shall not apply to securities listed without making a public issue on the institutional trading platform of a recognised stock exchange, thereby excluding such securities from the delisting regime and taking effect on publication in the Official Gazette.
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.
Delisting scope narrowed: regulations exclude securities listed without public issue on institutional trading platforms from applicability.
The amendment substitutes the proviso to regulation 3(1) to provide that the Delisting Regulations shall not apply to securities listed without making a public issue on the institutional trading platform of a recognised stock exchange, thereby excluding such securities from the delisting regime and taking effect on publication in the Official Gazette.
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