CmaBylaw
Executive Bylaws
3-3-7 Of Module Nine: Mergers and Acquisitions
Section: Chapter Three: Acquisitions
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Sunday, 05 February 2017
The Authority shall issue its approval of an Offer Document within ten Business Days at most commencing from date of receiving all documents, data and other information that may be required; and the Authority may refrain from issuing its approval in the following cases: 1. If the offer does not comply with the provisions of the Law and the requirements of these Bylaws. 2. If the offer is not accompanied by the required fees. 3. If the Offeror fails to submit the data required under the provisions of the Law and these Bylaws. 4. If the offer includes incorrect or missing statement that would affect the decision of the shareholders.
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