TMI BlogApproval by the Board of DirectorsX X X X Extracts X X X X X X X X Extracts X X X X ..... he equity shares of the company, not later than twenty one days from the date of the initial public announcement. (2) The Board of Directors of the company, before considering the proposal of delisting, shall appoint a Peer Review Company Secretary and provide the following information to such Company Secretary for carrying out due-diligence:- (a) the details of buying, selling and dealing in the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... regulation 2, the Company Secretary shall carry out the due-diligence and submit a report to the Board of Directors of the company certifying that the buying, selling and dealing in the equity shares of the company carried out by the acquirer or its related entities and the top twenty five shareholders is in compliance with the applicable provisions of securities laws including compliance with sub ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... listed, the due - diligence report of the Company Secretary in terms of sub-regulation (3) and the audit report in terms of sub-regulation (2) of regulation 12 of these regulations. (6) Upon receipt of the communication from the company under sub-regulation (5), the stock exchanges shall forthwith disseminate the same to the public. - - statute, statutory provisions legislation, law, enactment, ..... X X X X Extracts X X X X X X X X Extracts X X X X
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