Upholds Validity of SEBI Regulation Allowing Delisting Under IBC Resolution Plans

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Bombay High Court Upholds Validity of SEBI Regulation Allowing Delisting Under IBC Resolution Plans: “IBC Provisions Override Delisting Regulations to Facilitate Insolvency Resolutions”

Court's Decision: The High Court of Bombay dismissed the petition challenging the validity of Regulation 3(2)(b)(i) of the SEBI (Delisting of Equity Shares) Regulations, 2021, which exempts delisting of shares…

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Rawlaw December 21, 2024

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