TMI BlogMinimum subscriptionX X X X Extracts X X X X X X X X Extracts X X X X ..... [Provided that in the case of an initial public offer, the minimum subscription to be received shall be subject to allotment of minimum number of specified securities, as prescribed in sub-clause (b) of clause (2) of rule 19 of Securities Contracts (Regulation) Rules, 1957.] (2) In the event of non-receipt of minimum subscription referred to in sub-regulation (1), all application moneys receiv ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... infrastructure company means, an enterprise wholly engaged in the business of (i) developing or (ii) operating and maintaining or (iii) developing, operating and maintaining any infrastructure facility. ***** 1 Substituted for . , by the SEBI (Issue of Capital and Disclosure Requirements) (Third Amendment) Regulations, 2012, w.e.f. 24.8.2012. 2 Inserted by the SEBI (Issue of Capi ..... X X X X Extracts X X X X X X X X Extracts X X X X
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