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SEBI kills ROFRs, Call & Put Options?

Hello and welcome to The Firm. Let’s start with the new twist to a very old controversy. Are ROFRs or pre-emption rights and call and put options legally valid? Now, after several conflicting High Court judgments, market regulator SEBI has, for the first time, taken a stance and a surprising one at that!

first published: Apr 18, 2011 12:01 pm

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