Introducing the “In Favour Of” filter in Case Laws.
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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>SEBI Circular: Continuous Disclosure and Compliance for Municipal Debt Securities Issuers under 2015 Regulations.</h1> The circular mandates continuous disclosures and compliance for issuers of debt securities under the SEBI (Issue and Listing of Debt Securities by Municipalities) Regulations, 2015. Issuers must submit unaudited financial results biannually and audited results annually, including comparative data and key financial statements. They must also enter into a simplified listing agreement, notify exchanges of fundraising intentions, disclose material information promptly, and ensure timely payment of obligations. A compliance officer is required to oversee adherence to regulations and handle investor grievances. The circular also outlines procedures for credit rating reviews, grievance redressal, and necessary disclosures to stock exchanges.
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