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        SEBI

        Regulation 48 - Power of the Board to issue clarifications

        Securities And Exchange Board Of India (Issue And Listing Of Securitised Debt Instruments And Security Receipts) Regulations, 2008
        Chapter X
        MISCELLANEOUS

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        Power to issue clarifications allows the Board to publish circulars resolving application or interpretation difficulties under regulations. The Board may issue clarifications and guidelines in the form of circulars to remove difficulties in the application or interpretation of these Regulations, empowering it to provide procedural and interpretive direction to resolve ambiguities under the issue and listing framework for securitised debt instruments and security receipts.
                        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.

                              Power to issue clarifications allows the Board to publish circulars resolving application or interpretation difficulties under regulations.

                              The Board may issue clarifications and guidelines in the form of circulars to remove difficulties in the application or interpretation of these Regulations, empowering it to provide procedural and interpretive direction to resolve ambiguities under the issue and listing framework for securitised debt instruments and security receipts.


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