SEBI issues guidelines for use of simple, clear language in draft offer documents to ensure timely processing
The guidelines were issued in order to ensure completeness of the offer document for investors and to provide greater clarity and consistency in disclosures for timely processing.
Securities And Exchange Board Of India Guidelines For Returning Of Draft Offer Document And Its Resubmission Securities And Exchange Board Of India Issue Capital Disclosure Requirements Regulations Icdr Regulations Sebi Guidelines Sebi New Guidelines
Source: barandbench.com