Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 Chapter XB ISSUE OF SPECIFIED SECURITIES BY SMALL AND MEDIUM ENTERPRISES
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Issue of Specified Securities by SMEs defines nominated investor roles in underwriting and market-making arrangements. Regulation 106N defines key terms for SME issuances: Main Board as a nationwide stock exchange distinct from the SME trading platform; SME exchange as the permitted trading platform for specified securities issued under this Chapter excluding the Main Board; and nominated investor as a qualified institutional buyer or private equity fund contracted with the merchant banker to subscribe in under-subscription or to engage in market-making. 'Private equity fund' means a fund registered with any regulatory authority or established by a registered person. Other undefined terms derive their meanings from regulation 2.
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.
Issue of Specified Securities by SMEs defines nominated investor roles in underwriting and market-making arrangements.
Regulation 106N defines key terms for SME issuances: Main Board as a nationwide stock exchange distinct from the SME trading platform; SME exchange as the permitted trading platform for specified securities issued under this Chapter excluding the Main Board; and nominated investor as a qualified institutional buyer or private equity fund contracted with the merchant banker to subscribe in under-subscription or to engage in market-making. "Private equity fund" means a fund registered with any regulatory authority or established by a registered person. Other undefined terms derive their meanings from regulation 2.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.