Start learning 50% faster. Sign in now
In December 2021, The Securities and Exchange Board of India (SEBI) cleared a slew of amendments to various regulations and tightened the rules for initial public offerings (IPOs). If a company has not identified acquisition or investment targets as objects in the DRHP and the offer document, then the amount for such objects cannot exceed 25 percent of the amount being raised. Also, If a company in its Draft Red Herring Prospectus (DRHP) sets out an object for future inorganic growth but does not identify any acquisition or investment target, then the amount for such objects and amount for general corporate purpose cannot exceed 35 percent of the total amount being raised, the regulator said "Above limits shall not apply if the proposed acquisition or strategic investment object has been identified and suitable specific disclosures about such acquisitions or investments are made in the draft offer document and the offer document at the time of filing of offer documents," SEBI said.
According to Section 2(g) of the Code of Civil Procedure, 1908 'judgment' means _______.
The purpose of Indian Evidence Act, 1872 as set out in Preamble is
Adultery under IPC is
The oath of office to the governor is administered by
How many parties are there in a contract of guarantee?
The corporate insolvency resolution process shall be completed _______________ from the date of admission of the application to initiate such process
What action is permissible for the Court if it determines that a person accused under section 15 is likely to evade notice service as per the Contempt o...
In case a Legal Disability continues up to the death of that person__________.
According to Section 36(4) of the Code on Wages, 2019, what is the purpose of carrying forward excess allocable surplus or minimum bonus to the succeedi...
Landmark case of Wright v. Tantham is related to: