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          <h1>SEBI to Act Against Merchant Bankers for Non-Compliance with Sweat Equity and Merchant Bankers Regulations.</h1> The Securities and Exchange Board of India (SEBI) may take action against a merchant banker if they fail to meet their obligations under the Securities and Exchange Board of India (Issue of Sweat Equity) Regulations, 2002. This includes not exercising due diligence in valuing intellectual property or assessing value addition. Such actions are governed by the Securities and Exchange Board of India (Merchant Bankers) Regulations, 1992.

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