SEBI Regulation 48 Empowers Board to Clarify and Guide Issuance of Securitized Debt Instruments and Security Receipts
Regulation 48 of the Securities and Exchange Board of India (SEBI) Regulations, 2008, grants the Board the authority to issue clarifications and guidelines through circulars to address any difficulties in the application or interpretation of these regulations concerning the issue and listing of securitized debt instruments and security receipts. This provision ensures that any ambiguities or challenges in understanding the regulations can be resolved efficiently by the Board, facilitating smoother implementation and compliance.
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