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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Minimum allottees requirement bars allotment in SME IPOs where prospective investor count falls below the statutory threshold. Regulation 106R mandates that no allotment shall be made pursuant to any initial public offer under this Chapter if the number of prospective allottees is less than fifty, creating a mandatory minimum-allottee threshold for SME public issues; the provision's designation was subsequently renumbered by amendment.
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.
Minimum allottees requirement bars allotment in SME IPOs where prospective investor count falls below the statutory threshold.
Regulation 106R mandates that no allotment shall be made pursuant to any initial public offer under this Chapter if the number of prospective allottees is less than fifty, creating a mandatory minimum-allottee threshold for SME public issues; the provision's designation was subsequently renumbered by amendment.
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