Introducing the βIn Favour Ofβ filter in Case Laws.
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Introducing the βIn Favour Ofβ filter in Case Laws.
Try it now in Case Laws β


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<h1>Bankers to an Issue must pay 20 lakh for registration and 9 lakh every three years per SEBI Regulations, 1994.</h1> Under the Securities and Exchange Board of India (Bankers to an Issue) Regulations, 1994, every banker to an issue must pay a fee of twenty lakh rupees upon receiving a certificate of registration. To maintain this registration, a fee of nine lakh rupees is required every three years starting from the sixth year of registration. Fees must be paid within specified timeframes, with the initial fee due within fifteen days of notification and subsequent fees one month before the current payment period expires. Payments are made via direct credit through the SEBI payment gateway.