P&H HC: Eyewitness Account Not Credible if Eyewitness Directly Identifies Accused in Court  ||  Delhi HC: Conditions u/s 45 PMLA Have to Give Way to Article 21 When Accused Incarcerated for Long  ||  Delhi High Court: Delhi Police to Add Grounds of Arrest in Arrest Memo  ||  Kerala High Court: Giving Seniority on the Basis of Rules is a Policy Decision  ||  Del. HC: Where Arbitrator has Taken Plausible View, Court Cannot Interfere u/s 34 of A&C Act  ||  Ker. HC: No Question of Estoppel Against Party Where Error is Committed by Court Itself  ||  Supreme Court: Revenue Entries are Admissible as Evidence of Possession  ||  SC: Mere Breakup of Relationship Between Consenting Couple Can’t Result in Criminal Proceedings  ||  SC: Bar u/s 195 CrPC Not Attracted Where Proceedings Initiated Pursuant to Judicial Order  ||  NTF Gives Comprehensive Suggestions on Enhancing Better Working Conditions of Medical Professions    

Electronic book mechanism for issuance of debt securities on private placement basis- (Securities and Exchange Board of India) (21 Apr 2016)

MANU/SREG/0011/2016

Capital Market

The Securities and Exchange Board of India lay a framework for issuance of debt securities on private placement basis through electronic book mechanism. The move is hoped to streamline procedures and enhance transparency to discover prices.

Electronic book mechanism would be mandatory for all private placements of debut securities in primary market with an issue size of Rs. 500 and over. The circular will come into effect from 1 July 2016; which SEBI feels is sufficient time for ‘Electronic Book Providers’ to obtain approval from it to provide services.

Tags : ELECTRONIC BOOK   DEBT SECURITIES   PRIVATE PLACEMENT  

Share :        

Disclaimer | Copyright 2024 - All Rights Reserved