https://www.taxtmi.com/notifications?id=127528 Regulation 70 is amended to exempt preferential allotments linked to debt restructuring from Chapter restrictions where RBI specified guidelines govern conversion or issue price, pricing is certified by two independent qualified valuers (with transitional valuer definitions), allotted securities are subject to specified lock in periods (one year for lender conversions; at least three years for transfers/ownership changes), lock ins are reduced to the extent of prior locking of convertible securities, shareholder special resolution and Companies Act compliance are obtained, and specified disclosures about proposed allottees and turnaround plans are made. en-us Mon, 14 Aug 2017 00:00:00 +0530 Thu, 27 Dec 2018 12:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=127528 Regulation 70 is amended to exempt preferential allotments linked to debt restructuring from Chapter restrictions where RBI specified guidelines govern conversion or issue price, pricing is certified by two independent qualified valuers (with transitional valuer definitions), allotted securities are subject to specified lock in periods (one year for lender conversions; at least three years for transfers/ownership changes), lock ins are reduced to the extent of prior locking of convertible securities, shareholder special resolution and Companies Act compliance are obtained, and specified disclosures about proposed allottees and turnaround plans are made. Notifications SEBI Mon, 14 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/notifications?id=127528