Use of linked trading demat bank accounts permitted for public issue applications, allowing online bid cum application submission. SEBI clarifies that investors may continue to submit the bid-cum application form online using 3-in-1 type accounts (linked online trading, demat and bank accounts) for public issues of debt securities, non-convertible redeemable preference shares, municipal debt securities and securitised debt instruments, in addition to the modes specified in the Master Circular and notwithstanding the earlier SEBI circular dated September 24, 2024.
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.
Use of linked trading demat bank accounts permitted for public issue applications, allowing online bid cum application submission.
SEBI clarifies that investors may continue to submit the bid-cum application form online using 3-in-1 type accounts (linked online trading, demat and bank accounts) for public issues of debt securities, non-convertible redeemable preference shares, municipal debt securities and securitised debt instruments, in addition to the modes specified in the Master Circular and notwithstanding the earlier SEBI circular dated September 24, 2024.
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