REQUIREMENTS FOR BOTH PUBLIC ISSUES AND PRIVATE PLACEMENTSecurities and Exchange Board of India (Issue and Listing of Municipal Debt Securities) Regulations, 2015
REQUIREMENTS FOR BOTH PUBLIC ISSUES AND PRIVATE PLACEMENTSecurities and Exchange Board of India (Issue and Listing of Municipal Debt Securities) Regulations, 2015
Power to remove difficulties: Board may issue regulatory directions but must afford hearing and record reasons. The Board has a discretionary power to remove difficulties in interpreting or applying these regulations by issuing directions through guidance notes or ... Summary
Power to remove difficulties: Board may issue regulatory directions but must afford hearing and record reasons.
The Board has a discretionary power to remove difficulties in interpreting or applying these regulations by issuing directions through guidance notes or circulars; when a direction is issued in a specific case, the Board must afford affected persons a reasonable opportunity of being heard and record reasons for the direction.
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