Government securities issuance rules prescribe eligibility, auction processes and repayment mechanisms including call and put options. General guidelines prescribe eligibility (residents and specified non-residents subject to FEMA/SEBI), minimum subscription, electronic application and payment procedures, forms of holding, and interest/payment processing through designated RBI offices. Issuance modes include auctions, pre-announced coupon issues, on-tap sales and conversions, with auction mechanics (uniform/multiple price, multiple bids, green shoe, non-competitive retail participation) and RBI/Government discretion on allotment. Repayment, transferability, coupon types, embedded call/put options and applicable statutory/regulatory frameworks are governed by the Government Securities Act and Specific Notifications.
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.
Government securities issuance rules prescribe eligibility, auction processes and repayment mechanisms including call and put options.
General guidelines prescribe eligibility (residents and specified non-residents subject to FEMA/SEBI), minimum subscription, electronic application and payment procedures, forms of holding, and interest/payment processing through designated RBI offices. Issuance modes include auctions, pre-announced coupon issues, on-tap sales and conversions, with auction mechanics (uniform/multiple price, multiple bids, green shoe, non-competitive retail participation) and RBI/Government discretion on allotment. Repayment, transferability, coupon types, embedded call/put options and applicable statutory/regulatory frameworks are governed by the Government Securities Act and Specific Notifications.
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