https://www.taxtmi.com/circulars?id=11517 SEBI registered FIIs/sub accounts may invest in primary issuances of NCDs/bonds only if the issuer commits to list those securities within 15 days of investment; failure to list within 15 days requires the FII/sub account to immediately dispose of the securities by sale to a third party or to the issuer, and offer terms must require the issuer to redeem or buy back the securities in that event. en-us Thu, 01 Mar 2012 00:00:00 +0530 Fri, 02 Mar 2012 14:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11517 SEBI registered FIIs/sub accounts may invest in primary issuances of NCDs/bonds only if the issuer commits to list those securities within 15 days of investment; failure to list within 15 days requires the FII/sub account to immediately dispose of the securities by sale to a third party or to the issuer, and offer terms must require the issuer to redeem or buy back the securities in that event. Circulars FEMA Thu, 01 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11517