Complete registration applications require a prior opportunity to cure identified defects before rejection for non-compliance with prescribed instructions. Applications for registration as bankers to an issue must be complete in all respects and comply with the instructions specified in the prescribed form. ... Summary
Securities and Exchange Board of India (Bankers to an Issue) Regulations, 1994
Complete registration applications require a prior opportunity to cure identified defects before rejection for non-compliance with prescribed instructions.
Applications for registration as bankers to an issue must be complete in all respects and comply with the instructions specified in the prescribed form. An application failing these requirements is liable to rejection; however, the Board must first communicate the indicated objections and allow the applicant to remove them within the time specified before rejecting the application.
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