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SEBI-Stock Exchange Board of India.i want the guidelines given by it, section wise,as per the Company's Act( India).

2007-01-23 12:52:03 · 4 answers · asked by talktopraf 1 in Business & Finance Investing

4 answers

SECURITIES AND EXCHANGE BOARD OF INDIA
(DELISTING OF SECURITIES) GUIDELINES - 2003
1.
These guidelines shall be called “Securities and Exchange Board of India
(Delisting of Securities) Guidelines 2003”.
2.
These guidelines are being issued under section 11(1) of SEBI Act, 1992, read
with sub-section (2) of Section 11A of SEBI Act, with the objective to protect the
interest of investors in the securities market.
3.
DEFINITIONS
3.1 In these Guidelines, unless the context otherwise requires:-
(a)
Act’ means the Securities and Exchange Board of India Act, 1992;
(b)
Authority’ means the Central Listing Authority established under the
Securities and Exchange Board of India (Central Listing Authority)
Regulations, 2003.
(c)
‘Board’ means the Securities and Exchange Board of India established
under section 3 of the Act;
(d)
‘compulsory delisting’ means delisting of the securities of a company by
an exchange.
(e)
‘delisting exchange’ means the exchange from which the securities of the
company are proposed to be delisted in accordance with these Guidelines;
(f)
‘exchange’ means any stock exchange which has been granted recognition
under section 4 of the Securities Contracts (Regulation) Act, 1956;
(g)
‘promoter’ means a promoter as defined in clause (h) of sub-regulation (1)
of Regulation 2 of the Securities and Exchange Board of India
(Substantial Acquisition of shares and Takeovers) Regulation, 1997 and
includes a person who is desirous of getting the securities of the company
delisted under these Guidelines;
(h)
‘public shareholding’ means the shareholding in a company held by
persons other than the promoter, the acquirer or the persons acting in
concert with him as defined in regulation 2(1)(j) of the Securities and
Exchange Board of India (Substantial Acquisition of shares and
Takeovers) Regulation, 1997 and the term ‘public holders of securities’
shall be construed accordingly;
(i)
‘schedule’ means a schedule appended to these Guidelines.
(j)
‘voluntary delisting’ means delisting of securities of a body corporate
voluntarily by a promoter or an acquirer or any other person other than the
stock exchange(s).
3.2 Words and expressions not defined in these Guidelines shall have the same
meaning as have been assigned to them under the Act or the Securities Contracts
(Regulation) Act, 1956 or the Companies Act, 1956, or any statutory modification
or re-enactment thereof, as the case may be.

2007-01-23 22:19:21 · answer #1 · answered by Anonymous · 0 0

SEBI has published various books and booklets about various guidelines issued by it. You can visit SEBI office and purchase the required material.
You can also visit their website and search for the material.
The copies are also available in the library of Bombay Stock Exchange, where you can refer to the same.

2007-01-23 20:17:14 · answer #2 · answered by Nitin G 7 · 0 0

Go to this site for more: http://www.sebi.gov.in/Index.jsp?contentDisp=Section&sec_id=1

2007-01-23 13:02:47 · answer #3 · answered by Anonymous · 0 0

NO

2007-01-23 13:38:51 · answer #4 · answered by chareon m 1 · 0 0

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