Securities And Exchange Board Of India - Subsection
Section 14(4)(iii) in Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014
(iii)to all the applicants, in case the number of subscribers to the initial [public] [Inserted by Notification No. SEBI/LAD-NRO/G.N./2016-17/021, dated 29.11.2016 (w.e.f. 26.9.2014).] offer forming part of the public is less than twenty;