Buy-back fee structure sets merchant banker payment obligations by offer size and permits electronic payment modes. Merchant bankers submitting an offer document or a copy of the public announcement in electronic mode to the Board must pay fees according to the offer size. The schedule prescribes a fixed fee for smaller offers, a percentage fee for mid-range offers, and a higher fixed amount plus an additional percentage for offers above the upper threshold. Fees are payable by direct credit or other modes specified by the Board, including the SEBI Payment Gateway and electronic transfer channels.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Buy-back fee structure sets merchant banker payment obligations by offer size and permits electronic payment modes.
Merchant bankers submitting an offer document or a copy of the public announcement in electronic mode to the Board must pay fees according to the offer size. The schedule prescribes a fixed fee for smaller offers, a percentage fee for mid-range offers, and a higher fixed amount plus an additional percentage for offers above the upper threshold. Fees are payable by direct credit or other modes specified by the Board, including the SEBI Payment Gateway and electronic transfer channels.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
