Taxmann's Analysis | Understanding SEBI's Consultation Paper – Simplifying Business Processes for Non-Convertible Securities

· Taxmann Publications Private Limited
Ebook
20
Pages
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About this ebook

This article analyses the SEBI's proposal to amend SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021 (NCS Regulations) for transparency and reduced compliance burdens. The key highlights of the SEBI’s proposals include:

‣ Protection of Individuals' Privacy by Removing Disclosure of Promoters’ PAN and Personal Addresses from Offer Documents

‣ Disclosure of Key Operational and Financial Metrics for Investors

‣ Alignment of the Provisions of NCS Regulation Regarding Disclosure of Project Financing with Provisions of ICDR Regulations

‣ Relaxation in Providing Detailed Information and Utilization of QR Codes for Organizing the Details

‣ Flexibility in Attestation Regarding Declaration that the Issuer Complies with the Provisions of SCRR, SEBI Act, Companies Act, etc.

‣ Consistency in Reporting Timelines Between NCS Regulation and SEBI LODR Regarding the Status of Payment of Interest/Repayment of Principal for Listed Commercial Paper

About the author

Taxmann Publications has a dedicated in-house Research & Editorial Team. This team consists of a team of Chartered Accountants, Company Secretaries and Lawyers. This team works under the guidance and supervision of Editor-In-Chief Mr Rakesh Bhargava.


The Research and Editorial Team is responsible for developing reliable and accurate content for the readers. The team follows the Six Sigma approach to achieve the benchmark of zero error in publications and research platforms. The team ensures that the following publication guidelines are thoroughly followed while developing the content:

• The statutory material is obtained only from the authorised and reliable sources

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