read with 14(1) of the SEBI (Substantial Acquisition of Shares and
Takeover) Regulations, 1997, which lays down that any person, who
3
together with ... appellant that this acquisition was not in violation
of the takeover code inasmuch as there was no change in the management
and control
violating regulation 8(3) of the SEBI
(Substantial Acquisition of Shares and Takeover) Regulations, 1997
("Takeover Regulations, 1997" for short) read with regulation ... SEBI (Substantial Acquisition of Shares and Takeover) Regulations,
2011 ("Takeover Regulations, 2011" for short).
2
2. It is not in dispute that during
verify the same; (b) be a new project but shall not takeover of an existing project; and (c) use viable technologies and to be developed
erstwhile Bengal Engineering and Science University to the Institute and after takeover, the existing employees of the Institute shall be given options regarding their service
Securities and Exchange Board of India (Substantial
Acquisition of Shares and Takeovers) Regulations, 2011 ('SAST/Takeover
Regulations, 2011' for short). The question ... Rajiv Rattan made a public announcement under Regulation 15 of the
SAST/Takeover Regulations, 2011 for the acquisition of 35.94 crore equity
shares from
Securities and Exchange Board of
India (Substantial Acquisition of Shares and Takeover) Regulations, 1997
(referred to hereinafter as 'Takeover Regulations') and therefore directed ... during 1997-1999 without making any public announcement and
thereby violated the Takeover Regulations, 1997. SEBI noticed that 10.85%
was acquired on April
NOTICE
Sub: Default in payment of the dues - Action to takeover the
assets of the hotel under ... also not cleared the overdues to the corporation, it was decided to takeover the assets of the hotel and accordingly the takeover notice to take
October, 1991, by
observing therein that the fact of the takeover of the management of
the College by the Delhi Administration, had not been disputed ... said takeover appeared to have been formalized by a Government
Resolution which was not on record. The contention of the Delhi
Administration that they
Securities and Exchange Board of India
(Substantial Acquisition of Shares and Takeover) Regulations, 1997,
[hereinafter referred to as 'SAST Regulations'] both these appeals ... Securities and Exchange Board of
India (Substantial Acquisition of Shares and Takeover) Regulations, 1997.
3. In Appeal no. 439 of 2015, the Adjudicating Officer
Securities and Exchange Board of India
(Substantial Acquisition of Shares and Takeover) Regulations, 1997,
[hereinafter referred to as 'SAST Regulations'] both these appeals ... Securities and Exchange Board of
India (Substantial Acquisition of Shares and Takeover) Regulations, 1997.
3. In Appeal no. 439 of 2015, the Adjudicating Officer