Chapter III - PUBLIC ISSUE AND LISTING OF DEBT SECURITIES AND NON CONVERTIBLE REDEEMABLE PREFERENCE SHARES
Part A - PROVISIONS APPLICABLE TO PUBLIC ISSUE AND LISTING OF DEBT SECURITIES AND NON CONVERTIBLE REDEEMABLE PREFERENCE SHARES (From Regulation 25 to Regulation 38)
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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Issuer obligations require fair treatment, anti-fraud measures, SCORES registration, full security cover and trustee-nominated director appointment. Issuers must treat applicants fairly, avoid any device or scheme to defraud, register for SCORES, provide required due diligence information to lead managers, ensure secured debt securities carry full security cover to discharge principal and interest, amend Articles to appoint debenture-trustee-nominated directors where required, and fix a record date fifteen days prior to payments or corporate actions.
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.
Issuer obligations require fair treatment, anti-fraud measures, SCORES registration, full security cover and trustee-nominated director appointment.
Issuers must treat applicants fairly, avoid any device or scheme to defraud, register for SCORES, provide required due diligence information to lead managers, ensure secured debt securities carry full security cover to discharge principal and interest, amend Articles to appoint debenture-trustee-nominated directors where required, and fix a record date fifteen days prior to payments or corporate actions.
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