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)
Listing application requirements: documentary filings and mandatory due diligence certificate before listing of privately placed debt securities. Regulation 44 requires issuers seeking listing of privately placed debt securities and non-convertible redeemable preference shares to submit a listing application with specified documents (Placement Memorandum, constitutional documents, board resolutions, annual reports, material contracts statement, and undertakings on charge creation and Trust Deed execution) within the Board-prescribed timeframe; delays trigger additional interest/dividend. Debenture trustees must furnish a due diligence certificate in prescribed formats for secured and unsecured issues, the stock exchange shall publish the placement memorandum and due diligence certificates, and listing is permitted only after receipt of the due diligence certificate.
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.
Listing application requirements: documentary filings and mandatory due diligence certificate before listing of privately placed debt securities.
Regulation 44 requires issuers seeking listing of privately placed debt securities and non-convertible redeemable preference shares to submit a listing application with specified documents (Placement Memorandum, constitutional documents, board resolutions, annual reports, material contracts statement, and undertakings on charge creation and Trust Deed execution) within the Board-prescribed timeframe; delays trigger additional interest/dividend. Debenture trustees must furnish a due diligence certificate in prescribed formats for secured and unsecured issues, the stock exchange shall publish the placement memorandum and due diligence certificates, and listing is permitted only after receipt of the due diligence certificate.
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