Regulatory action against merchant bankers permits enforcement for failure to comply or for deficient due diligence in IP valuation. Regulation 16 empowers the regulator to initiate enforcement against merchant bankers who fail to comply with obligations under the sweat equity framework or who do not exercise due diligence in assessing the valuation of intellectual property or alleged value addition, with such failures actionable under the merchant banker regulatory regime.
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.
Regulatory action against merchant bankers permits enforcement for failure to comply or for deficient due diligence in IP valuation.
Regulation 16 empowers the regulator to initiate enforcement against merchant bankers who fail to comply with obligations under the sweat equity framework or who do not exercise due diligence in assessing the valuation of intellectual property or alleged value addition, with such failures actionable under the merchant banker regulatory regime.
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