Section 142
of Securities Markets Order, 2013
ORDERIn forceProvision 141 of 288
Section 142
(2)
Whenever a director notifies a publicly tradable company of any matter in consequence of an obligation imposed by section 141, the company shall notify the Authority in writing, of that matter.
(3)
The obligation imposed by subsections ( 1) and (2) must be undertaken before the close of business at the end of the day following the day on which the matter arises.
(4)
The securities exchange shall publish the information received under subsection (1) in such manner as it may determine.
Duty of substantial shareholder to disclose shareholding.