0290-2017 Nand Gopal Khaitan vs Securities and Exchange Board of India

SAT · Final order

Reviewed by Varun Matlani, Advocate — Securities Lawyer practicing in SAT and SEBI

Full text

“(19)(1) A public company as defined under the Companies Act, 1956 desirous of getting its securities listed on a recognized stock exchange, shall apply for the purpose to the stock exchange and forward along with its application the following documents and particulars: …………………………… 19(2) Apart from complying with such other terms and conditions as may be laid down by a recognized stock exchange, an applicant company shall satisfy the stock exchange that: (a) …………………. (b) (i) At least twenty five per cent of each class or kind of equity shares or debentures convertible into eq

BEFORE THE SECURITIES APPELLATE TRIBUNAL

MUMBAI

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Source: SecMarx — 0290-2017 Nand Gopal Khaitan vs Securities and Exchange Board of India. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (bench, timelines, appeal chain) is cited to us.