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        SEBI

        Regulation 16 - Electronic issuance

        Securities and Exchange Board of India (Issue and Listing of Municipal Debt Securities) Regulations, 2015
        Chapter V
        REQUIREMENTS FOR BOTH PUBLIC ISSUES AND PRIVATE PLACEMENT

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        Electronic issuance of municipal debt securities permitted via online system, subject to compliance with Board-specified requirements. An issuer proposing to issue municipal debt securities may conduct the issuance through an online system and must comply with the requirements specified by the Board; the regulation governs electronic issuance procedures for both public issues and private placements and supersedes the earlier asset-cover formulation in this clause.
                        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.

                              Electronic issuance of municipal debt securities permitted via online system, subject to compliance with Board-specified requirements.

                              An issuer proposing to issue municipal debt securities may conduct the issuance through an online system and must comply with the requirements specified by the Board; the regulation governs electronic issuance procedures for both public issues and private placements and supersedes the earlier asset-cover formulation in this clause.


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