alleryStart learning →Which promoter status bars an IPO under Reg 5(1)(d) of ICDR?
ARetired whole-time director
BForeign national holder
CMinority investor group
DFugitive economic offender
Answer & Solution
Correct answer: D. Fugitive economic offender
A promoter or director who is a fugitive economic offender makes the issuer ineligible for an initial public offer.
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Under the Reg 5 Explanation, a past debarment stops barring an IPO when?Reg 183(2)(a): minimum size of an IDR issue?Reg 183(1)(a): an IDR issuer must be listed in its home country for at least?Reg 180: the largest share any single QIP allottee may receive?Reg 180: minimum QIP allottees when the issue is up to Rs 250 crore?Reg 172(3): minimum gap between successive QIPs?Reg 172(1)(b): QIP equity shares must have been listed at least how long?Reg 172(1)(a): QIP allotment must follow the special resolution within?