https://www.taxtmi.com/acts?id=33800 Minimum subscription for public issues of municipal debt securities requires the issuer to set and disclose a floor for the amount to be raised in the offer document; if that minimum is not met the issuer must refund all application monies within a short statutory period from issue closure and, in case of delay, pay interest on the delayed amounts for the period of delay. en-us Mon, 24 Dec 2018 13:05:50 +0530 Mon, 12 Aug 2024 16:01:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=33800 Minimum subscription for public issues of municipal debt securities requires the issuer to set and disclose a floor for the amount to be raised in the offer document; if that minimum is not met the issuer must refund all application monies within a short statutory period from issue closure and, in case of delay, pay interest on the delayed amounts for the period of delay. Act-Rules SEBI Mon, 24 Dec 2018 13:05:50 +0530 https://www.taxtmi.com/acts?id=33800