ASBA mandatory: issuers must accept bids exclusively through the ASBA facility as prescribed by the regulator. Issuers must accept subscription bids exclusively through the ASBA facility, in the manner prescribed by the Board, making ASBA the sole permitted method for bid acceptance under the issuance regulations.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
ASBA mandatory: issuers must accept bids exclusively through the ASBA facility as prescribed by the regulator.
Issuers must accept subscription bids exclusively through the ASBA facility, in the manner prescribed by the Board, making ASBA the sole permitted method for bid acceptance under the issuance regulations.
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