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<h1>Understanding SEBI Merchant Bankers Regulations: Key Definitions for Compliance and Operations.</h1> The Securities and Exchange Board of India (Merchant Bankers) Regulations, 1992, provides definitions crucial for the regulation of merchant bankers. Key terms include 'Act,' referring to the SEBI Act, 1992, and 'body corporate' as defined under the Companies Act, 2013. The term 'certificate' pertains to SEBI-issued registration certificates, while 'change in control' is defined differently based on whether a company's shares are listed. 'Merchant banker' involves issue management activities, and 'underwriter' refers to those underwriting securities issues. Undefined terms default to meanings from relevant Acts or regulations.