Incomplete application rejection requires prior notice and a specified opportunity for applicants to remove indicated objections. Applications for merchant banker registration must conform to prescribed form and instructions; incomplete or non conforming applications may be rejected, ... Summary
Securities and Exchange Board of India (Merchant Bankers) Regulations, 1992
Incomplete application rejection requires prior notice and a specified opportunity for applicants to remove indicated objections.
Applications for merchant banker registration must conform to prescribed form and instructions; incomplete or non conforming applications may be rejected, but the applicant must first be given an opportunity within a specified time to remove the objections indicated by the Board.
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