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July 2010

Enhancement of Disclosure Requirements in Offer Document

By Pinky Shah, Sonalee Godbole, Gaurang Gandhi, Tarun Ghia, Brijesh Cholera, Pratik Mehta | Chartered Accountants
Sejal Vasa | Company Secretary
Reading Time 1 mins
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New Page 2

Part D : COMPANY
LAW

64 Enhancement of Disclosure Requirements in Offer Document

At the SEBI Board meeting held on 19th May 2010, it was
decided that the offer documents of companies raising capital will contain
disclosures from directors if they were directors of any company when the shares
of the said company were suspended from trading by stock exchange(s) for more
than 3 months during the last 5 years or delisted.

Visit SEBI website for a complete text of the press release
containing various decisions taken at the Board meeting.


Download PDF

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