Offer to the public
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....t instruments to the public. (2) Any reference in these regulations to offering securitised debt instruments to the public shall be construed as including a reference to offering them to any section of the public. (3) No offer shall be treated as made to the public by virtue of sub-regulation (1), if the offer can properly be regarded, in all the circumstances - (a) as not being likely to....
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....Pass Through Certificate or Securitised Debt Instruments or Notes or instrument or securities by whatever name called, are being available to number of investors specified in sub-regulation (4) of regulation 21, and not being listed, may opt for below mechanism: i. It specifies prominently, expressly and in writing in the offer document or private placement memorandum or information memor....
TaxTMI