Under Reg 5(1), debarment by which body bars an issuer from an IPO?
AStock exchange
BReserve Bank of India
CSEBI, the Board
DIRDAI authority
Answer & Solution
Correct answer: C. SEBI, the Board
Regulation 5(1)(a) bars an issuer whose promoters or directors are debarred from the capital market by the Board, meaning SEBI.
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