TMI BlogProcedure to deal with cases prior to April 01, 2014 involving offer / allotment of securities to more than 49 and up to 200 investors in a financial yearX X X X Extracts X X X X X X X X Extracts X X X X ..... ng offer / allotment of securities to more than 49 and up to 200 investors in a financial year. 1. SEBI, vide circular No. CIR/CFD/DIL3/18/2015 dated December 31, 2015, prescribed the procedure to deal with cases involving offer / allotment of securities to more than 49 and up to 200 persons. 2. Para 7 of the Circular provides for submission of a certificate from an independent peer reviewe ..... X X X X Extracts X X X X X X X X Extracts X X X X
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