https://www.taxtmi.com/acts?id=33801 Regulation 12 mandates that allotment in public issues of municipal debt securities be made by date of upload into the electronic book, allows proportionate allotment on oversubscription, and requires issuers and lead managers to ensure electronic allotment, credit of dematerialised securities and refund or unblocking of application monies within the period specified by the Board; where these obligations are not met, the issuer must pay interest to investors as disclosed in the offer document and the lead manager must ensure compliance. en-us Mon, 24 Dec 2018 13:06:03 +0530 Mon, 12 Aug 2024 16:05:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=33801 Regulation 12 mandates that allotment in public issues of municipal debt securities be made by date of upload into the electronic book, allows proportionate allotment on oversubscription, and requires issuers and lead managers to ensure electronic allotment, credit of dematerialised securities and refund or unblocking of application monies within the period specified by the Board; where these obligations are not met, the issuer must pay interest to investors as disclosed in the offer document and the lead manager must ensure compliance. Act-Rules SEBI Mon, 24 Dec 2018 13:06:03 +0530 https://www.taxtmi.com/acts?id=33801