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        SEBI

        Regulation 56 - Power to remove difficulty and issue clarifications

        Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021
        Chapter VIII
        MISCELLANEOUS

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        Clarification power enables the Board to issue guidelines to resolve application and interpretation difficulties in securities listing rules. Regulation 56 authorizes the Board to remove difficulties in the application or interpretation of the regulations by issuing clarifications and/or guidelines from time to time to ensure coherent implementation of listing and issue requirements for non-convertible securities.
                          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.

                                Clarification power enables the Board to issue guidelines to resolve application and interpretation difficulties in securities listing rules.

                                Regulation 56 authorizes the Board to remove difficulties in the application or interpretation of the regulations by issuing clarifications and/or guidelines from time to time to ensure coherent implementation of listing and issue requirements for non-convertible securities.


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