Acquistion of shares
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 July 2010
What is the procedure of acquiring major stake in a company by an individual? Is any sort of intimation required to be given to company and SEBI? What wil be the consequences if the company is foreign co.?
02 July 2010
Yes you have to give intimation to the company after acquiring stake at certain levels.
You are requested to refer Sebi takeover code regulation 1997 for the SUBSTANTIAL ACQUISITION OF SHARES...
You may download the same from the link below:
http://www.sebi.gov.in/Index.jsp?contentDisp=Section&sec_id=1
You are requested to refer Sebi takeover code regulation 1997 for the SUBSTANTIAL ACQUISITION OF SHARES...
You may download the same from the link below:
http://www.sebi.gov.in/Index.jsp?contentDisp=Section&sec_id=1
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting our of sec 44AD
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Multiple trade mark
- Regarding TDS Applicability For Director Remuneration
- Copyright software
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- LC charges in relation to Asset purchased should be Capitalised ?
- Value of property in capital gain
- Transporter Declaration form
- E-Invoice applicability for new Startup
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
