No Objection Certificate

For the purpose of obtaining the NOC, the issuer is required to submit an application on its letterhead in a specified format after the expiry of two months from the date of listing on the latest stock exchange which permitted listing.

Rakesh Jhunjhunwala-promoted Akasa Air gets no-objection certificate from Civil Aviation Ministry, DGCA: Reports

Akasa Air is aiming to begin operations by end of 2021. Jhunjhunwala is expected to own nearly 40 percent of the stake in the new airline and is considering to invest $35 million in the venture.

Sebi cuts time period for filing application to obtain NOC for release of 1% of issue amount

With regard to release of the 1 per cent issue amount, the issuer company at present is required to submit an application on its letter head addressed to Sebi in a specified format, after lapse of 4 months from listing on the exchange which was the last to permit listing.

Project approvals in Mumbai, Delhi, to be cleared in 60 days: Central government

In some good news for developers and home buyers, the Union Urban Development Ministry has stipulated that housing approvals will be given within 60 days, via an online application process in metropolitan centres such &#82

Invest in a project only if the builder has all these approvals in place

It is extremely important to ensure that your developer has all the necessary permissions and documents in place. Experts say that delay in getting approvals is among the major causes of project delays. Then &#82

Before paying, ensure seller isn‘t lying about existing loans on property

Obtain a no-objection and no encumbrance certificate In case the society has been formed, the share certificate would have been issued to the owner of the property. While issuing a loan against a property, &#82

Bill to regularise illegal houses in budget session: Goa CM

According to the Chief Minister, structures built on one's own property or on others' property with proper ownership no-objection certificate (NOC) would be considered.

18 months for cos to move from obscure to nat'l bourses

The promoters and directors of such companies who would fail to list even after the extended time of 18 months would have to undergo 'stricter scrutiny' for their any future association with securities market

Banks reject NOC, talks remain inconclusive with Kingfisher

Vijay Mallya owned Kingfisher Airlines (KFA) is yet to get a clean sky free from clouds to start flying. The meeting between the core group of bankers and the debt ridden airline company held on Friday late evening remained inconclusive. The next meeting is scheduled on January 18 to get more clarify from the management.