Other Provisions as to Letter Precedent to Listing
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.... deems fit including conditions as to the manner, the required prominence and the wordings of the disclosures to be made in the offer documents and advertisements. (2) Failure by the applicant to comply with the conditions imposed under sub-regulation (1) shall, unless otherwise waived by the Authority in writing, render the letter precedent to listing invalid. (3) Any letter precedent to listin....
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....cision made under sub-regulation (5) of regulation 11 to the applicant and to the exchange or exchanges specified by the applicant in its application for letter precedent to listing. (7) The Authority may, subsequent to the issue of letter precedent to listing, direct the applicant, exchanges or other intermediaries registered with the Board to furnish it such information as may be necessary to e....
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.... it deems fit to impose. (9) Where an applicant changes the terms and conditions of the issue in respect of which a letter precedent to listing was granted to it or where any material developments take place which have a bearing on the issue or listing of the securities, the Authority may withdraw the letter precedent to listing: Provided the Authority shall prior to withdrawing a letter precede....




TaxTMI
TaxTMI