<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Insertion of a new section 6A</title>
    <link>https://www.taxtmi.com/acts?id=41641</link>
    <description>Section 6A permits implementation of an open offer or acquisition of shares or convertible securities via series transactions on a regulated stock exchange despite sub-section (2A) of section 6 and section 43A, provided (a) notice of the acquisition is filed with the Commission as specified by regulations, and (b) the acquirer does not exercise ownership or beneficial rights including voting and dividends until the Commission approves the acquisition under sub-section (2A) of section 6. &quot;Open offer&quot; is defined by reference to the Substantial Acquisition of Shares and Takeovers regulation.</description>
    <language>en-us</language>
    <pubDate>Thu, 20 Apr 2023 11:23:42 +0530</pubDate>
    <lastBuildDate>Tue, 10 Sep 2024 11:15:22 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=711272" rel="self" type="application/rss+xml"/>
    <item>
      <title>Insertion of a new section 6A</title>
      <link>https://www.taxtmi.com/acts?id=41641</link>
      <description>Section 6A permits implementation of an open offer or acquisition of shares or convertible securities via series transactions on a regulated stock exchange despite sub-section (2A) of section 6 and section 43A, provided (a) notice of the acquisition is filed with the Commission as specified by regulations, and (b) the acquirer does not exercise ownership or beneficial rights including voting and dividends until the Commission approves the acquisition under sub-section (2A) of section 6. &quot;Open offer&quot; is defined by reference to the Substantial Acquisition of Shares and Takeovers regulation.</description>
      <category>Act-Rules</category>
      <law>F. Acts / Amendment Acts</law>
      <pubDate>Thu, 20 Apr 2023 11:23:42 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/acts?id=41641</guid>
    </item>
  </channel>
</rss>