https://www.taxtmi.com/article/detailed?id=13917 Section 62(1)(c) requires a special resolution for a company's increase of subscribed capital by issuing further shares, and Regulation 28 requires obtaining an in principle approval from the recognised stock exchange before issuing securities. Where debt is converted into equity with the company's agreement and the company seeks listing of the additional shares, these statutory and regulatory approvals are mandatory; absence of shareholder authorisation and exchange approval justify rejection of the listing application. en-us Wed, 26 Mar 2025 06:58:31 +0530 Wed, 26 Mar 2025 06:58:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=13917 Section 62(1)(c) requires a special resolution for a company's increase of subscribed capital by issuing further shares, and Regulation 28 requires obtaining an in principle approval from the recognised stock exchange before issuing securities. Where debt is converted into equity with the company's agreement and the company seeks listing of the additional shares, these statutory and regulatory approvals are mandatory; absence of shareholder authorisation and exchange approval justify rejection of the listing application. Articles Corporate Laws / IBC / SEBI Wed, 26 Mar 2025 06:58:31 +0530 https://www.taxtmi.com/article/detailed?id=13917