https://www.taxtmi.com/acts?id=33863 Listed entities must file the draft scheme with stock exchange(s) and obtain a No-objection letter from the exchange(s) before filing the scheme with any Court or Tribunal; the valid No-objection letter must be placed before the Court or Tribunal, and post-sanction documents prescribed by the Board or exchanges must be submitted. Certain draft schemes (merger of wholly owned subsidiary with holding company; uniform write-off of losses against capital or reserves) are exempt from the pre-filing requirement but must still be filed with exchanges for disclosures; restructuring plans approved under insolvency resolution are subject to immediate disclosure to exchanges. en-us Mon, 24 Dec 2018 17:04:01 +0530 Mon, 16 Dec 2024 12:18:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=33863 Listed entities must file the draft scheme with stock exchange(s) and obtain a No-objection letter from the exchange(s) before filing the scheme with any Court or Tribunal; the valid No-objection letter must be placed before the Court or Tribunal, and post-sanction documents prescribed by the Board or exchanges must be submitted. Certain draft schemes (merger of wholly owned subsidiary with holding company; uniform write-off of losses against capital or reserves) are exempt from the pre-filing requirement but must still be filed with exchanges for disclosures; restructuring plans approved under insolvency resolution are subject to immediate disclosure to exchanges. Act-Rules SEBI Mon, 24 Dec 2018 17:04:01 +0530 https://www.taxtmi.com/acts?id=33863