✓ SEBI vide it's circular dated February 01, 2022 clarified (to its vide Circular dated November 18, 2021, read with Master dated December 22, 2020) that, in respect of the No Objection Certificate (NOC) as required to obtain as per above circular ms, Part I Para A 2(k) of the circular shall read as follows:
- No Objection Certificate (NOC) from the lending scheduled commercial banks/ financial institutions/ debenture trustees, from not less than 75% of the secured creditors in value.
✓ This circular shall be applicable for all the schemes filed with the stock exchanges after Nov. 16, 2020.
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