https://www.taxtmi.com/acts?id=32890 Section 17A requires that securities of the kind specified in sub clause (ie) of clause (h) of section 2 cannot be offered to the public or listed unless the issuer meets SEBI specified eligibility criteria and other regulatory requirements, and must apply to recognised stock exchanges for listing permission before issuing the offer document. If listing permission remains undecided, the issuer must promptly repay monies received; failure to repay within the statutory eight day period (with holiday adjustments) makes the issuer and defaulting directors or trustees jointly and severally liable to repay with interest. Listing provisions of the Act apply mutatis mutandis to special purpose distinct entities. en-us Thu, 22 Nov 2018 17:53:06 +0530 Thu, 22 Nov 2018 17:53:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=32890 Section 17A requires that securities of the kind specified in sub clause (ie) of clause (h) of section 2 cannot be offered to the public or listed unless the issuer meets SEBI specified eligibility criteria and other regulatory requirements, and must apply to recognised stock exchanges for listing permission before issuing the offer document. If listing permission remains undecided, the issuer must promptly repay monies received; failure to repay within the statutory eight day period (with holiday adjustments) makes the issuer and defaulting directors or trustees jointly and severally liable to repay with interest. Listing provisions of the Act apply mutatis mutandis to special purpose distinct entities. Act-Rules SEBI Thu, 22 Nov 2018 17:53:06 +0530 https://www.taxtmi.com/acts?id=32890