LISTING OF PRIVATE PLACEMENT OF DEBT SECURITIES AND NON-CONVERTIBLE REDEEMABLE PREFERENCE SHARES - Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021
LISTING OF PRIVATE PLACEMENT OF DEBT SECURITIES AND NON-CONVERTIBLE REDEEMABLE PREFERENCE SHARES - Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021
Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021 Chapter VII PROCEDURE FOR ACTION IN CASE OF VIOLATION OF REGULATIONS
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SEBI directions can impose market restrictions and require refunds while ensuring opportunity for hearing, including divestment and transfer freeze. Regulation empowers the Board to issue remedial directions for violations, including refunding application monies, prohibiting specified dealings, ... Summary
SEBI directions can impose market restrictions and require refunds while ensuring opportunity for hearing, including divestment and transfer freeze.
Regulation empowers the Board to issue remedial directions for violations, including refunding application monies, prohibiting specified dealings, restricting market access, restraining further issues, directing sale or divestment, and freezing transfers; the Board must give an opportunity of being heard either before or after issuing directions and may issue ex parte directions subject to post decisional hearing.
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