Bare ActsCompanies Act, 1956

Section 68B

Initial offer of securities to be in dematerialised form in certain cases

Amendment status not verified — confirm the current text below against the official source.

Notwithstanding anything contained in any other provisions of this Act, every listed public company, making initial public offer of any security for a sum of rupees ten crores or more, shall issue the same only in dematerialised form by complying with the requisite provisions of the Depositories Act, 1996 (22 of 1996) and the regulations made thereunder.]

Section 68B – Companies Act, 1956 | DailyLaw.ai