Underwriter registration fees and renewal obligations require specified payments, timed notices, non refundable application charge and prescribed payment modes. Underwriters must pay an initial fee at grant of certificate and recurring renewal fees on a prescribed multi year block basis starting from the sixth year (with transitional provisions for earlier grants); a non refundable application fee is prescribed. Payment must be made within defined time windows following Board intimation and by specified modes (electronic transfer or demand draft) to the Securities and Exchange Board of India.
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.
Underwriter registration fees and renewal obligations require specified payments, timed notices, non refundable application charge and prescribed payment modes.
Underwriters must pay an initial fee at grant of certificate and recurring renewal fees on a prescribed multi year block basis starting from the sixth year (with transitional provisions for earlier grants); a non refundable application fee is prescribed. Payment must be made within defined time windows following Board intimation and by specified modes (electronic transfer or demand draft) to the Securities and Exchange Board of India.
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