Information furnishing obligations for bankers to an issue cover applications, application monies, refunds, and investor warrant payments. Bankers to an issue must furnish information to the Board when requested. Required particulars cover the issues for which they were engaged, applications ... Summary
Referred In :
Securities and Exchange Board of India (Bankers to an Issue) Regulations, 1994
Information furnishing obligations for bankers to an issue cover applications, application monies, refunds, and investor warrant payments.
Bankers to an issue must furnish information to the Board when requested. Required particulars cover the issues for which they were engaged, applications and application monies received, dates of forwarding investor applications to the body corporate or registrar, dates and amounts of investor refunds, and payment of dividend or interest warrants to investors.
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