Section 298 Investments and Securities Act Section 298 of the Investments and Securities Act 2025 is about Summary procedure in special cases. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows: Subject to laws applicable to the administration of the estate of a deceased person, the registrar may summarily…
Section 297 Investments and Securities Act Section 297 of the Investments and Securities Act 2025 is about Limitation of legal action. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows: Except as otherwise provided in this Part, an action shall not lie against the issuer in respect of any…
Section 296 Investments and Securities Act Section 296 of the Investments and Securities Act 2025 is about Immediate discharge in certain cases. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows: On payment by or on behalf of a body to the holder of a security of the amount…
Section 295 Investments and Securities Act Section 295 of the Investments and Securities Act 2025 is about Indemnity bond. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows: Where an application is made to the registrar under this Part for the issuance of a duplicate certificate or for the…
Section 294 Investments and Securities Act Section 294 of the Investments and Securities Act 2025 is about Consolidation and subdivision. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows: Subject to conditions as the issuer may provide, the Registrar shall consolidate or sub-divide securities and issue to the applicant…
Section 293 Investments and Securities Act Section 293 of the Investments and Securities Act 2025 is about Deficiency in fund to be charged upon revenue. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows: In the event of the sinking fund established by an issuer under the provisions of…
Section 292 Investments and Securities Act Section 292 of the Investments and Securities Act 2025 is about Expenses to be paid out of sinking fund. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows: There shall be paid out of the sinking fund all expenses specifically incurred in, or…
Section 291 Investments and Securities Act Section 291 of the Investments and Securities Act 2025 is about Cessation of contribution to sinking fund. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows: (1) Notwithstanding anything to the contrary contained in this Part, if at any time the trustees are…
Section 290 Investments and Securities Act Section 290 of the Investments and Securities Act 2025 is about Investment of sinking fund. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows: (1) All money appropriated under section 288 of this Act as contributions to the sinking fund shall be paid…
Section 289 Investments and Securities Act Section 289 of the Investments and Securities Act 2025 is about Separate sinking fund. It is under Part XVI (Issuance of Securities) of the Act. It provides as follows: A separate sinking fund shall be established for each issuance of debt securities under this Part.