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        SEBI

        Regulation 11 - Creation of Recovery Expense Fund

        Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021
        Chapter II
        GENERAL CONDITIONS AND ELIGIBILITY CRITERIA

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        Recovery expense fund requirement obliges issuers to deposit specified amounts with the designated stock exchange under SEBI regulation. Issuers must establish a recovery expense fund with the designated stock exchange by depositing the amount, form and in the manner specified by the Board under the SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021, Regulation 11.
                          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.

                                Recovery expense fund requirement obliges issuers to deposit specified amounts with the designated stock exchange under SEBI regulation.

                                Issuers must establish a recovery expense fund with the designated stock exchange by depositing the amount, form and in the manner specified by the Board under the SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021, Regulation 11.


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