Securities And Exchange Board Of India - Subsection
Section 9(5) in Securities And Exchange Board Of India (Buy Back Of Securities) Regulations, 1998
(5)The company shall complete the verifications of the offers received within fifteen days of the closure of the offer and the [shares or other specified securities] [Substituted by S.O. 745 (E), dated 18.6.2004] lodged shall be deemed to be accepted unless a communication of rejection is made within fifteen days from the closure of the offer.
