<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Master Circular on issuance of No Objection Certificate (NOC) for release of 1% of Issue Amount</title>
    <link>https://www.taxtmi.com/circulars?id=65988</link>
    <description>Release of the 1% deposit requires an issuer application on its letterhead, filed by the Post Issue Lead Merchant Banker after two months from the last listing permission, to the regional office with prescribed enclosures. The PILMB must certify unblocking of ASBA accounts and ensure any bank guarantee has minimum residual validity. SEBI will issue the NOC only after satisfaction that SCORES complaints are resolved, prescribed Action Taken Reports have been submitted, and fees and commissions to intermediaries including ASBA banks have been paid.</description>
    <language>en-us</language>
    <pubDate>Mon, 07 Nov 2022 00:00:00 +0530</pubDate>
    <lastBuildDate>Thu, 21 Sep 2023 14:07:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=695137" rel="self" type="application/rss+xml"/>
    <item>
      <title>Master Circular on issuance of No Objection Certificate (NOC) for release of 1% of Issue Amount</title>
      <link>https://www.taxtmi.com/circulars?id=65988</link>
      <description>Release of the 1% deposit requires an issuer application on its letterhead, filed by the Post Issue Lead Merchant Banker after two months from the last listing permission, to the regional office with prescribed enclosures. The PILMB must certify unblocking of ASBA accounts and ensure any bank guarantee has minimum residual validity. SEBI will issue the NOC only after satisfaction that SCORES complaints are resolved, prescribed Action Taken Reports have been submitted, and fees and commissions to intermediaries including ASBA banks have been paid.</description>
      <category>Circulars</category>
      <law>SEBI</law>
      <pubDate>Mon, 07 Nov 2022 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/circulars?id=65988</guid>
    </item>
  </channel>
</rss>