Prohibition of Listing: units of Corporate Debt Market Development Fund cannot be listed on recognised stock exchanges. Regulation 19T of the Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012 provides that the units of the Corporate Debt Market Development Fund shall not be listed on any recognised stock exchange, establishing a categorical prohibition on listing and preserving the Fund's off-exchange status; the provision was inserted by a later notification.
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.
Prohibition of Listing: units of Corporate Debt Market Development Fund cannot be listed on recognised stock exchanges.
Regulation 19T of the Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012 provides that the units of the Corporate Debt Market Development Fund shall not be listed on any recognised stock exchange, establishing a categorical prohibition on listing and preserving the Fund's off-exchange status; the provision was inserted by a later notification.
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