SEBI Refund Circulars definition

SEBI Refund Circulars shall have the meaning given to such term in recitals of this Agreement;
SEBI Refund Circulars means collectively the June 2021 Circular, April 2022 Circular II and any subsequent circulars or notifications issued by SEBI in this regard;
SEBI Refund Circulars shall have the meaning given to such term in Recital H;

Examples of SEBI Refund Circulars in a sentence

  • Thereafter, the Refund Bank shall on the same Working Day, ensure the refund of amounts held in the Refund Account to the Bidders in accordance with the Applicable Law (including the SEBI Refund Circulars as applicable) and this Section as per the modes specified in the Red Xxxxxxx Prospectus and the Prospectus.

  • In case of any delay in unblocking of amounts in the ASBA Accounts (including amounts blocked through the UPI Mechanism) exceeding four Working Days from the Bid/Offer Closing Date, the Bidder shall be compensated in accordance with the SEBI Refund Circulars, to the extent applicable.

  • The processing fees for applications made by UPI Bidders using the UPI Mechanism will be released to the remitter banks (SCSBs) only after such banks provide a written confirmation on compliance with the SEBI Refund Circulars.

  • In addition to the above, by way of the SEBI Refund Circulars, read with the March 31 2021 Circular, SEBI has put in place measures to have a uniform policy and to further streamline the reconciliation process among intermediaries and to provide a mechanism of compensation to investors.

  • The processing fees for applications made by UPI Bidders using the UPI Mechanism may be released to the remitter banks (SCSBs) only after such banks provide a written confirmation on compliance with SEBI Refund Circulars.

  • In addition to the above, by way of the SEBI Refund Circulars read with SEBI Circular No. SEBI/HO/CFD/DIL1/CIR/P/2021/47 dated Xxxxx 00, 0000, XXXX has put in place measures to have a uniform policy and to further streamline the reconciliation process among intermediaries and to provide a mechanism of compensation to investors.

  • In case of any failure or delay on the part of any intermediary (as determined by the Company and the BRLMs, in their sole discretion) in resolving the grievance of an investor, beyond the date of receipt of a complaint in relation to unblocking of amounts, such intermediary shall be liable to pay compensation to the investor in accordance with the SEBI Refund Circulars.

  • It is hereby clarified that in case of any failure or delay on the part of such Relevant Intermediary (as determined by the Lead Managers, in their sole discretion) in resolving the grievance of an investor, beyond the date of receipt of a complaint in relation to unblocking, such Relevant Intermediary will be liable to pay compensation to the investor in accordance with the SEBI Refund Circulars, as applicable.

  • SEBI/HO/CFD/DIL2/CIR/P/2022/51 dated April 20, 2022, SEBI Circular (SEBI/HO/CFD/DIL2/CIR/2022/75) dated May 30, 2022 and any other circulars or notifications issued by the SEBI in this regard (together the “SEBI Refund Circulars”) and also the mechanism put in place in the Cash Escrow and Sponsor Bank Agreement for compliance with the SEBI Refund Circulars.

  • SEBI/HO/CFD/DIL2/CIR/P/2022/51 dated April 20, 2022 and any other circulars or notifications issued by the SEBI in this regard (together the “SEBI Refund Circulars”) and also the mechanism put in place in the Cash Escrow and Sponsor Bank Agreement for compliance with the SEBI Refund Circulars.


More Definitions of SEBI Refund Circulars

SEBI Refund Circulars means the SEBI circular dated March 31, 2021, bearing number SEBI/HO/CFD/DIL1/CIR/P/2021/47 and SEBI circular dated June 2, 2021, bearing reference number SEBI/HO/CFD/DIL2/P/CIR/2021/570;
SEBI Refund Circulars means SEBI Circular no. SEBI/HO/CFD/DIL2/CIR/P/2021/2480/1/M dated March 16, 2021, as amended pursuant to the SEBI Circular no. SEBI/HO/CFD/DIL2/P/CIR/2021/570 dated June 2, 2021, the SEBI Circular no. SEBI/HO/CFD/DIL2/CIR/P/2022/51 dated April 20, 2022 and SEBI circular no. SEBI/HO/CFD/DIL2/P/CIR/2022/75 dated May 30, 2022. In this regard, the August, 2023 Circular, has clarified that in partial modification to SEBI circulars dated March 16, 2021 and April 20, 2022, the compensation to investors for delay in unblocking of Bid Amounts for ASBA (if any) shall be computed from the T+3 day (i.e., ‘T’ is the Bid/Offer Closing Date);
SEBI Refund Circulars shall have the meaning given to such term in Recital (I); “Sponsor Banks” shall have the meaning given to such term in the Preamble; “Stock Exchanges” shall mean BSE and NSE;
SEBI Refund Circulars shall have the meaning given to such term in recitals;

Related to SEBI Refund Circulars

  • Draft Red Xxxxxxx Prospectus means the draft red xxxxxxx prospectus dated June 12, 2023 issued in accordance with the SEBI ICDR Regulations, which does not contain complete particulars of the price at which the Equity Shares will be Allotted and the size of the Offer, including any addenda or corrigenda thereto;

  • Information Circular means a completed Form 51-102F5 Information Circular; “informed person” means

  • Public Procurement Regulatory Authority (PPRA) means the Government Agency responsible for oversight of public procurement.

  • Scheme Document means this document including its Annexures, any addenda or corrigendum to this Scheme Document and/ or any other document issued pursuant hereto.

  • Expiry Date (Data di Scadenza) means the Expiry Date as specified in § 1 of the Product and Underlying Data.

  • ASIC means the Australian Securities and Investments Commission.

  • Final Offering Circular means the final offering circular relating to the public offering of the Shares as filed with the Commission pursuant to Regulation A of the Rules and Regulations;