Can the Stock Exchange (NSE/BSE) reject a share relisting application filed by the new management after the approval of a Resolution Plan by the NCLT, citing Regulation 40(1)(b) of the SEBI Delisting Regulations, 2021? – Consortium of Ms. Karishma Jain and Ors. Vs. National Stock Exchange of India Ltd. (NSE) and Ors. – NCLT Hyderabad Bench
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