future IPOs and also directing the depositories to effectively freeze their dematerialized accounts. Close on the heels of the order in the case ... future IPOs and also directing the depositories to effectively freeze their dematerialized accounts. Close on the heels of the order in the case
amendment to Scheme for issue and allotment of
new shares in dematerialized form; (b) non-compliance
with the requirements of Accounting Standard - 14 (c)
requiring ... amendment to
Scheme for issue and allotment of new shares in
dematerialized form, it is submitted that the Scheme
deals with issuance of shares
Industries Limited,
being a listed company, to issue the new shares in dematerialized
form unless the members request to issue shares in physical form ... possible to issue the shares in dematerialized form.
9. Thereafter an
affidavit in reply dated 28.03.2013 to the Official Liquidator s
Report in Company Petition
maintained, it was holding of interest in the Global Note in a dematerialized form and in that sense, petitioners were holders of Global Notes
span of about fifteen months
and within three months after
dematerializing of the shares.
2.5 Following are the points that were to
be prima facie ... question was with regard to the date when
the shares were dematerialized by the
company. According to the Tribunal, this
was relevant as the trading
despatch of physical share certificates to members who had still not dematerialized their shares (17.10.2007) and declaration of quarterly financial results of RIL post-merger ... shareholders in electronic form and to those who had not dematerialized their shares, physical share certificates were despatched on 17.10.2007. Trading approval was also given
span of about fifteen months
and within three months after
dematerializing of the shares.
2.5 Following are the points that were to
be prima facie ... question was with regard to the date when
the shares were dematerialized by the
company. According to the Tribunal, this
was relevant as the trading
person and others subscribe to a portion of the same in a dematerialized form.
Similarly, in para. 20 of the counter affidavit in reply ... date and the holding of such persons is in dematerialized form. Hence, in the case of a global note, there is no such register containing
despatch of physical share certificates to members who had still not dematerialized their shares (17.10.2007) and declaration of quarterly financial results of RIL post-merger ... shareholders in electronic form and to those who had not dematerialized their shares, physical share certificates were despatched on 17.10.2007. Trading approval was also given
Transferee Company pursuant to clause 10.1 above shall be issued in
dematerialized form by the Transferee Company.
10.4. For
the purpose of issue of equity
