Schemes of Arrangement by Listed Entities and (ii) Relaxation under Sub-rule (7) of Rule 19 of the Securities Contracts (Regulation) Rules, 1957

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..... es All the Nationwide Stock Exchanges Dear Sir/Madam, Sub: Schemes of Arrangement by Listed Entities and (ii) Relaxation under Sub-rule (7) of Rule 19 of the Securities Contracts (Regulation) Rules, 1957 1. SEBI Circular No. CFD/DIL3/CIR/2017/21 dated March 10, 2017 has laid down the framework for Schemes of Arrangement by listed entities and relaxation unde .....

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..... onferred by Section 11(1) of the Securities and Exchange Board of India Act, 1992 and Regulations 11 , 37 and 94 read with Regulation 101(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Rule 19(7) of Securities Contracts (Regulation) Rules, 1957 to protect the interests of investors in securities and to promote the development of, and to regulate .....

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..... nalties, the listed entity shall submit to stock exchanges a Report on the Unpaid Dues which shall contain the details of such unpaid dues in the format given in Annexure B to this Circular, prior to obtaining Observation Letter from stock exchanges on the draft scheme. c. The report on unpaid dues as mentioned above, shall be submitted by listed entity to the stock exchanges along with .....

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..... Amount Reason for non payment 1. Pending Dues of SEBI 2. Pending Dues of Stock Exchanges 3. .....

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