Examples of Demutualisation Schemes in a sentence
The Corporatisation and Demutualisation Schemes of 19 stock exchanges (other than NSE, OTCEI, Mangalore Stock Exchange and Coimbatore Stock exchange) have been notified by SEBI and are at various stages of implementation.
NIB Holdings Deed Poll means the deed poll dated 31 May 2007 entered into by NIB Holdings in favour of NIB Health Funds, the Company Members and the Eligible Policyholders with respect to the Demutualisation Schemes.
During the year 2007, SEBI approved and notified the corporatisation and Demutualisation Schemes of 19 stock exchanges, under Section 4B(8) of the Securities Contracts (Regulation) Act, 1956.
Demutualisation Schemes means the Eligible Policyholders’ Scheme and the Company Members’ Scheme.
During the year 2007, SEBI approvedand notified the corporatisation and Demutualisation Schemes of 19 stock exchanges, under Section 4B(8) of the Securities Contracts (Regulation) Act, 1956.
Second Court Date means the date on which NIB Health Funds will approach the Court following the Demutualisation Meetings to seek approval of the Demutualisation Schemes.
Each Party agrees to give all undertakings to the Court in all Court proceedings which it is reasonably required to give (on an individual basis) to obtain Court approval and confirmation of the Demutualisation Schemes as contemplated by this deed.
Each party will respectively use their best endeavours to obtain all approvals, consents, modifications, waivers or decisions from regulatory authorities (including ASIC and ASX) as may be necessary or desirable for any step required of each Party under this deed including obtaining all approvals, consents, modifications, waivers or decisions necessary to give effect to the Demutualisation Schemes, the Conversion and the Capital Reduction.
Each Party must do all things necessary to implement the Demutualisation Schemes as soon as reasonably practicable, upon and subject to the terms of this deed.
Explanatory Statement means the booklet of materials to be sent to Eligible Policyholders and Company Members in relation to the Demutualisation Schemes which accompanies the notices convening the Eligible Policyholders’ Scheme Meeting, the Company Members’ Scheme Meeting and the Company Members’ General Meeting.Final NIB Holdings Constitution means the proposed constitution of NIB Holdings applicable after Listing, in the form, or substantially in the form, set out in schedule 5.