Modification in the timeline for submission of status regarding payment obligations to the stock exchanges by entities that have listed commercial paper
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Payment obligation reporting timeline updated to require issuers of listed commercial paper to notify stock exchanges promptly. Paragraph 8.4 of Chapter XVII of the NCS Master Circular is amended to require a certificate confirming fulfilment of its payment obligations to be submitted to stock exchanges within one working day of payment becoming due, aligning the timeline with Regulation 57 of the LoDR Regulations applicable to listed 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.
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Payment obligation reporting timeline updated to require issuers of listed commercial paper to notify stock exchanges promptly.
Paragraph 8.4 of Chapter XVII of the NCS Master Circular is amended to require a certificate confirming fulfilment of its payment obligations to be submitted to stock exchanges within one working day of payment becoming due, aligning the timeline with Regulation 57 of the LoDR Regulations applicable to listed non-convertible securities.
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