Securities and Exchange Board of India (Issue and Listing of Municipal Debt Securities) Regulations, 2015 Chapter VI CONDITIONS FOR CONTINUOUS LISTING AND TRADING OF MUNICIPAL DEBT SECURITIES
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Continuous listing conditions require prompt rating disclosure and mandatory public publication of municipal debt information on issuer, trustee and exchange websites. Continuous listing conditions require issuers of municipal debt securities to comply with Schedule V listing requirements including continuous disclosure; issuers subject to the Companies Act must have one-third independent directors; any change in credit rating must be promptly disseminated as determined by the listing stock exchange; and issuers, debenture trustees and stock exchanges must place all information and compliance reports regarding municipal debt securities on their respective websites for investor and public access.
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.
Continuous listing conditions require prompt rating disclosure and mandatory public publication of municipal debt information on issuer, trustee and exchange websites.
Continuous listing conditions require issuers of municipal debt securities to comply with Schedule V listing requirements including continuous disclosure; issuers subject to the Companies Act must have one-third independent directors; any change in credit rating must be promptly disseminated as determined by the listing stock exchange; and issuers, debenture trustees and stock exchanges must place all information and compliance reports regarding municipal debt securities on their respective websites for investor and public access.
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