https://www.taxtmi.com/caselaws?id=189562 The court upheld that rejection by one stock exchange rendered the entire share allotment void, even if other exchanges granted permission. The interpretation of 'each' in Section 73(1A) of the Companies Act, 1956 required approval from all mentioned exchanges for validity. The judgment emphasized compliance to safeguard investor interests, dismissing the appeal and reinforcing the importance of meeting statutory requirements for valid share allotments. en-us Tue, 31 Oct 1995 00:00:00 +0530 Thu, 12 Jan 2017 18:35:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189562 The court upheld that rejection by one stock exchange rendered the entire share allotment void, even if other exchanges granted permission. The interpretation of 'each' in Section 73(1A) of the Companies Act, 1956 required approval from all mentioned exchanges for validity. The judgment emphasized compliance to safeguard investor interests, dismissing the appeal and reinforcing the importance of meeting statutory requirements for valid share allotments. Case-Laws Indian Laws Tue, 31 Oct 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189562