Amendments To SEBI Master Circular On Schemes Of Arrangement By Listed Entities: Khaitan & Co.

The Legal Library section collates quality and in-depth reports on regulatory developments, court rulings and policy changes authored by India’s top law firms and consultants. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of law and policy..Khaitan & Co. Update.SEBI's Listing Regulations provides that a scheme of arrangement/ amalgamation/ merger/ reconstruction/ reduction of capital, etc. (Scheme) to be presented to any court or tribunal should not in any way violate, override or limit the provisions of securities laws or requirements of the stock exchanges. It further requires a listed entity involved in a Scheme or desirous of undertaking a Scheme, to obtain a no objection letter from the stock exchanges before filing the Scheme with the relevant bench of National Company Law Tribunal.Pursuant to the 2021 Amendment Circulars, SEBI has introduced certain additional requirements to be complied with by the listed entities while undertaking a Scheme. Amendments to the Master Circular are detailed in the report..Click on the attachment to read the full report:.DISCLAIMERThis alert does not constitute legal advice and is for information purpose only. This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Amendments To SEBI Master Circular On Schemes Of Arrangement By Listed Entities: Khaitan & Co.

Amendments To SEBI Master Circular On Schemes Of Arrangement By Listed Entities: Khaitan & Co.

Choose a plan