https://www.taxtmi.com/acts?id=44559 Delisting pursuant to a court-approved scheme requires transfer of listed equity holdings pro rata to public shareholders, cash payment for unlisted investments and other assets pro rata, extinguishment of public shareholding via selective reduction of capital, and application to stock exchanges. Approval is conditional on a fair value composition primarily of listed direct investments (supported by a joint valuation by two independent registered valuers), compliance with specified listing and disclosure obligations, a favourable public e-voting threshold, required disclosures and reports (including entitlement confirmation), minimum listing tenure without suspension, no recent adverse regulatory orders, and adherence to any financial sector regulator requirements. en-us Fri, 27 Sep 2024 10:55:12 +0530 Fri, 27 Sep 2024 10:55:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=44559 Delisting pursuant to a court-approved scheme requires transfer of listed equity holdings pro rata to public shareholders, cash payment for unlisted investments and other assets pro rata, extinguishment of public shareholding via selective reduction of capital, and application to stock exchanges. Approval is conditional on a fair value composition primarily of listed direct investments (supported by a joint valuation by two independent registered valuers), compliance with specified listing and disclosure obligations, a favourable public e-voting threshold, required disclosures and reports (including entitlement confirmation), minimum listing tenure without suspension, no recent adverse regulatory orders, and adherence to any financial sector regulator requirements. Act-Rules SEBI Fri, 27 Sep 2024 10:55:12 +0530 https://www.taxtmi.com/acts?id=44559