APPOINTMENT OF LEAD MANAGERS, OTHER INTERMEDIARIES AND COMPLIANCE OFFICERSecurities And Exchange Board of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018
APPOINTMENT OF LEAD MANAGERS, OTHER INTERMEDIARIES AND COMPLIANCE OFFICERSecurities And Exchange Board of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018
Prohibition on incentives: bars offering any incentive to induce IPO applications, except legitimate fees or commission for services. Regulation 196 bars any person connected with the issue from offering incentives-direct or indirect, in cash, kind, services or otherwise-to any person ... Summary
Prohibition on incentives: bars offering any incentive to induce IPO applications, except legitimate fees or commission for services.
Regulation 196 bars any person connected with the issue from offering incentives-direct or indirect, in cash, kind, services or otherwise-to any person for making an application in an initial public offer, with a specific exception allowing payment of fees or commission for services rendered in relation to the issue.
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