https://www.taxtmi.com/article/detailed?id=9873 The delisting process requires an initial public announcement of intent followed by a detailed public announcement after in principle approval, containing material disclosures specified in Schedule I such as floor and offer prices, timetable, escrow details and minimum acceptance conditions. The acquirer must have firm financial arrangements and deposit a defined consideration into escrow before the detailed announcement. The Manager must verify fund arrangements and ensure complete, true disclosures. The company must form an independent directors' committee to recommend on the offer prior to the bidding period. en-us Tue, 29 Jun 2021 10:01:40 +0530 Tue, 29 Jun 2021 10:01:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9873 The delisting process requires an initial public announcement of intent followed by a detailed public announcement after in principle approval, containing material disclosures specified in Schedule I such as floor and offer prices, timetable, escrow details and minimum acceptance conditions. The acquirer must have firm financial arrangements and deposit a defined consideration into escrow before the detailed announcement. The Manager must verify fund arrangements and ensure complete, true disclosures. The company must form an independent directors' committee to recommend on the offer prior to the bidding period. Articles Corporate Laws / IBC / SEBI Tue, 29 Jun 2021 10:01:40 +0530 https://www.taxtmi.com/article/detailed?id=9873