TMI BlogOpening of an issueX X X X Extracts X X X X X X X X Extracts X X X X ..... hs from the date of issuance of the observations by the Board under regulation 6; or (b) within three months of expiry of the period stipulated in sub-regulation (2) of regulation 6, if the Board has not issued observations: Provided that in case of a fast track issue, the issue shall open within the period stipulated in sub-section (4) of section 60 of the Companies Act, 1956. (2) In case of s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Schedule IV.
1[(5) An issue shall be opened after at least three working days from the date of registering the red herring prospectus with the Registrar of Companies.]
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1 Inserted by SEBI (Issue of Capital and Disclosure Requirements) (Fourth Amendment) Regulations, 2012, w.e.f. 12.10.2012.
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