https://www.taxtmi.com/acts?id=33570 Regulation 169 requires full consideration for specified securities (other than warrants) to be paid at allotment, with exceptions for non-cash consideration and certain preferential issues under stressed-asset or tribunal-approved resolution frameworks. For warrants, an initial portion of consideration is payable at warrant allotment and the balance on share allotment upon exercise; consideration for unexercised warrants is forfeited. Cash consideration must be received from the allottee's bank account (or the first-named joint holder's account), and statutory auditors must certify compliance to the listing stock exchanges with supporting documents maintained. en-us Fri, 21 Dec 2018 13:17:13 +0530 Sat, 10 Aug 2024 12:38:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=33570 Regulation 169 requires full consideration for specified securities (other than warrants) to be paid at allotment, with exceptions for non-cash consideration and certain preferential issues under stressed-asset or tribunal-approved resolution frameworks. For warrants, an initial portion of consideration is payable at warrant allotment and the balance on share allotment upon exercise; consideration for unexercised warrants is forfeited. Cash consideration must be received from the allottee's bank account (or the first-named joint holder's account), and statutory auditors must certify compliance to the listing stock exchanges with supporting documents maintained. Act-Rules SEBI Fri, 21 Dec 2018 13:17:13 +0530 https://www.taxtmi.com/acts?id=33570