https://www.taxtmi.com/notifications?id=127641 The Regulations add a wilful defaulter definition and prohibit public issues of non-convertible redeemable preference shares where the issuer or its controllers/promoters/directors are restrained from market access, or where the issuer or any promoter or director is a wilful defaulter or has defaulted on interest or principal repayments for over six months. For private placement listings, specified disclosures about wilful defaulter status must be provided, prominently disclosed on the cover and presented as a separate identifiable chapter or section. en-us Tue, 10 May 2016 00:00:00 +0530 Tue, 01 Jan 2019 16:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=127641 The Regulations add a wilful defaulter definition and prohibit public issues of non-convertible redeemable preference shares where the issuer or its controllers/promoters/directors are restrained from market access, or where the issuer or any promoter or director is a wilful defaulter or has defaulted on interest or principal repayments for over six months. For private placement listings, specified disclosures about wilful defaulter status must be provided, prominently disclosed on the cover and presented as a separate identifiable chapter or section. Notifications SEBI Tue, 10 May 2016 00:00:00 +0530 https://www.taxtmi.com/notifications?id=127641