Examples of Capital Rules in a sentence
Undertaking on Non-Judicial Stamp Paper from the sponsors of the issuing company that they shall retain their shareholding in the company for such time periods as prescribed under Companies (Issue of Capital) Rules, 1996.
The information contained in this document has been compiled in accordance with the Hong Kong Monetary Authority’s (‘HKMA’) Banking (Capital) Rules (‘BCR’) and Financial Institutions (Resolution) (Loss-absorbing Capacity Requirements – Banking Sector) Rules (‘LAC Rules’).
The scope for calculating the Bank’s consolidated capital adequacy ratio includes the Bank and the financial institutions in which the Bank has direct or indirect investments in compliance with the requirements of the Capital Rules for Commercial Banks (Provisional).
Subsidiaries not included in consolidation for regulatory purposes are non-financial companies and the securities companies that are authorized and supervised by a regulator and are subject to supervisory arrangements regarding the maintenance of adequate capital to support business activities comparable to those prescribed for authorized institutions under the Banking (Capital) Rules and the Banking Ordinance.
The Buyback shall be implemented using the “Mechanism for acquisition of shares through Stock Exchange” notified by SEBI Circular and following the procedure prescribed in the Companies Act, the Share Capital Rules and the Buyback Regulations and as may be determined by the Board (including the Buyback committee authorized to complete the formalities of the Buyback) and on such terms and conditions as may be permitted by law from time to time.