Amendment to Circular No. CIR/CFD/DIL3/18/2015 dated December 31, 2015
Summary
This circular amends the certification requirements for cases involving offer or allotment of securities to more than 49 and up to 200 investors. It allows independent peer-reviewed practicing Company Secretaries to provide the compliance certificate previously restricted to Chartered Accountants. Stock Exchanges are instructed to notify listed entities and disseminate these provisions on their websites.
Text
certification as provided in Para 7 of the Circular dated December 31, 2015 may also be provided by an independent peer reviewed practicing Company Secretary.
Source: SecMarx — Amendment to Circular No. CIR/CFD/DIL3/18/2015 dated December 31, 2015. Verbatim text is public record; SecMarx structuring (linkage to applying orders) is cited to us.