Regulation 106O - Filing of offer document and due diligence certificate
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
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Filing of offer document requires merchant banker due-diligence certificate and concurrent public display following SME issue procedure. Issuers of specified securities by SMEs must file the final offer document with the Board through a merchant banker simultaneously with filing the prospectus or letter of offer with the SME exchange and Registrar of Companies; the Board will not issue observations. The merchant banker must submit a prescribed due-diligence certificate with additional confirmations along with the offer document. The offer document must be displayed from the filing date on the websites of the Board, the issuer, the merchant banker and the SME exchange where listing is proposed.
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.
Filing of offer document requires merchant banker due-diligence certificate and concurrent public display following SME issue procedure.
Issuers of specified securities by SMEs must file the final offer document with the Board through a merchant banker simultaneously with filing the prospectus or letter of offer with the SME exchange and Registrar of Companies; the Board will not issue observations. The merchant banker must submit a prescribed due-diligence certificate with additional confirmations along with the offer document. The offer document must be displayed from the filing date on the websites of the Board, the issuer, the merchant banker and the SME exchange where listing is proposed.
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