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It has also been decided to bring more clarity to the provisions pertaining to eligibility of shares for promoters’ contribution and incorporate the new addresses of SEBI offices at relevant places in the Guidelines.
communicate to SEBI, the status of the implementation of the provisions of this circular in the Monthly Development Report.
Provided that, the company on receipt of written request from a shareholder, shall send the complete and full Balance Sheet, Profit & Loss Account and Auditors’ Report to the said shareholder.
A. A summons, notice issued by the Board under these regulations may be served in the manner provided in regulation 22 of the Securities and Exchange Board of India.
This circular is issued in exercise of powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992, read with the provisions of Regulation 77 of SEBI (Mutual Funds) Regulations.
The consent order shall be published through a press release and put on SEBI’s website. In cases where a Party undertakes compliances as per agreed schedule, the concerned department in SEBI shall monitor the same.
The above conditions shall be applicable to all fresh investments whether in a new scheme or an existing scheme.In case of an existing scheme where the scheme has already parked funds in short term deposits,
The trading platforms may be used for executing all trades in listed debt securities issued by all institutions such as Banks, Public Sector Undertakings, Municipal Corporations, bodies corporate and companies.
The Stock Exchanges are advised to report to SEBI, the action taken in this regard in Section II, item no. 13 of the Monthly/Quarterly Development Report.
. Make necessary amendments to the listing agreement, bye- laws, rules and regulations for the implementation of the above decision immediately, as may be applicable and necessary.