https://www.taxtmi.com/acts?id=37829 Issuers of municipal debt securities must apply for listing to one or more recognised stock exchanges; if listing or trading permission is refused the issuer must refund all monies received within seven days of earliest intimation rejecting the listing, and any unpaid amount bears interest at the prescribed annual rate until refunded. If the issuer is a body corporate subject to company law, every director who is an officer in default is jointly and severally liable for repayment with interest. en-us Tue, 01 Oct 2019 09:39:36 +0530 Mon, 12 Aug 2024 15:28:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=37829 Issuers of municipal debt securities must apply for listing to one or more recognised stock exchanges; if listing or trading permission is refused the issuer must refund all monies received within seven days of earliest intimation rejecting the listing, and any unpaid amount bears interest at the prescribed annual rate until refunded. If the issuer is a body corporate subject to company law, every director who is an officer in default is jointly and severally liable for repayment with interest. Act-Rules SEBI Tue, 01 Oct 2019 09:39:36 +0530 https://www.taxtmi.com/acts?id=37829