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        SEBI

        Regulation 28 - Securities already rated

        Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999
        Chapter IV
        RESTRICTION ON RATING OF SECURITIES ISSUED BY PROMOTERS OR BY CERTAIN OTHER PERSONS

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        Restriction on rating of securities: previously rated securities remain exempt from new chapter restrictions and may continue to be rated. Regulation provides an exemption preserving existing credit ratings for securities rated before these regulations took effect: previously rated securities are not subject to the restrictions in this Chapter and may continue to be rated, subject to provisions of other Chapters of the 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.

                                Restriction on rating of securities: previously rated securities remain exempt from new chapter restrictions and may continue to be rated.

                                Regulation provides an exemption preserving existing credit ratings for securities rated before these regulations took effect: previously rated securities are not subject to the restrictions in this Chapter and may continue to be rated, subject to provisions of other Chapters of the Regulations.


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