Conditions for buy-back under Section 77A cannot be applied to a scheme under Sections 100-104 of the Companies Act, 1956 as they operate in independent fields and it is not within the purview of the Court to change the economic policy of restricting the Sectoral caps. M/S. RECKITT BENCKISER (INDIA) LTD Vs. C.A., Decision by …
[vc_row][vc_column][vc_column_text]Regulation 3(3) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011 provides that acquisition of shares by any person, such that the individual shareholding of such person acquiring shares exceeds the stipulated thresholds, shall also be attracting the obligation to make an open offer for acquiring shares of the target company irrespective of …
Time as he grows old teaches many lessons. Dear Professionals, The core principle of R & A is timely and quality deliverables. As a Professional Services firm, time management is of essence as we are always challenged by deadlines under various applicable statutes. In fact, the constructive use of time is beneficial in any aspect …
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