The Securities and Exchange Board of India (SEBI) has reduced the timeline for listing of securities after the closure of public issue from six working days to three days However, third-party checks on UPI applications, non-UPI applications, submission of final certificates, finalization of rejections, and completion and approval of basis by the stock exchange should be done by ________.
The Securities and Exchange Board of India (SEBI) has reduced the timeline for listing of securities after the closure of public issue from six working days to three days. According to the new norm, with T as the issue-closing date, the securities will now have to be listed on T+3 day versus the current T+6 days. This will be an option for public issues opening after September 1 and will be a mandatory requirement for issues opening after December 1. The application submission by investors, bid modification, validation of bid details with depositories, reconciliation of UPI mandate transactions, UPI mandate acceptance, and issue closure would be done on T day. However, third-party checks on UPI applications, non-UPI applications, submission of final certificates, finalisation of rejections, and completion and approval of basis by the stock exchange should be done by T+1 day. It was also stated that the issuance of fund transfer instructions in separate files for debit and unblock will need to be initiated and completed on T+1 day.
As per Section 27 of Companies Act 2013, any ariation in prospectus is to be approved by _______
NCLAT is constituted under which section of the Companies Act?
No allotment of any securities of a company offered to the public for subscription shall be made unless the amount stated in the _______ as th...
A company has to transfer the unclaimed dividend to which account?
Differences between verbal and nonverbal communication include?
i. Verbal communication is multichanneled; nonverbal communication is single-cha...
The appointment of Directors is to be approved by company in ____
Appointment of Auditors in case of government companies by CAG is given under which section of Companies Act, 2013?
The President of NCLT and Chairperson of NCLAT is to be appointed in consultation with _______
In case where such dividend remained unpaid or unclaimed within _______ from the date of declaration, the amount is transferred to ‘Unpaid Dividend Ac...
