https://www.taxtmi.com/acts?id=34464 Regulation 19 deems an offer rejected under regulation 16 or unsuccessful under regulation 17 to be a failure of offer, preventing acquisition of equity shares. On failure, deposited or pledged shares must be returned within ten working days from the end of the bidding period, except where the offer is pursuant to regulation 5A of the Substantial Acquisition and Takeovers rules; no final delisting application shall be made and the escrow account opened for the offer must be closed. en-us Sat, 05 Jan 2019 14:35:14 +0530 Sat, 05 Jan 2019 15:49:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=34464 Regulation 19 deems an offer rejected under regulation 16 or unsuccessful under regulation 17 to be a failure of offer, preventing acquisition of equity shares. On failure, deposited or pledged shares must be returned within ten working days from the end of the bidding period, except where the offer is pursuant to regulation 5A of the Substantial Acquisition and Takeovers rules; no final delisting application shall be made and the escrow account opened for the offer must be closed. Act-Rules SEBI Sat, 05 Jan 2019 14:35:14 +0530 https://www.taxtmi.com/acts?id=34464