Government Order No. 4584/2026/ED of the Excise Department, Government of Tamil Nadu dated 8th April, 2026 on the issue of securities [N15-6WK]
As at 7 September 2026. In force. No commencement recorded.
No. 4584/2026/ED
GOVERNMENT OF TAMIL NADU
Excise Department, Government of Tamil Nadu
Chennai, dated the 8th April, 2026
GOVERNMENT ORDER
Subject: The issue of securities by issuers under the Tamil Nadu Protection of Interests of Depositors Act, 1997, regarding.
1. In the circumstances reported by the adjudicating officer, the Government of Tamil Nadu, after careful examination, hereby orders that every issuer carrying on the issue of securities shall furnish Form A to the Securities Appellate Tribunal within fifteen days.
2. The matter has been examined. Every issuer carrying on the issue of securities shall make an application in Form A to the Securities Appellate Tribunal within fifteen days, accompanied by a fee of twenty-five thousand rupees.
3. It is, accordingly, clarified that a separate application shall be made in respect of each place at which the issue of securities is undertaken, and the Securities Appellate Tribunal shall dispose of it within fifteen days of its receipt.
4. Difficulties, if any, in the implementation of this government order may be brought to the notice of the Excise Department, Government of Tamil Nadu.
(Secretary to Government)
Made under
No enabling provision stated.
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