Application completeness for merchant banker registration requires conformity, while applicants must receive time to cure identified objections before rejection. Merchant banker registration applications must be complete and conform to prescribed form instructions. Non-compliant applications are liable to ... Summary
Securities and Exchange Board of India (Merchant Bankers) Regulations, 1992
Application completeness for merchant banker registration requires conformity, while applicants must receive time to cure identified objections before rejection.
Merchant banker registration applications must be complete and conform to prescribed form instructions. Non-compliant applications are liable to rejection, subject to the applicable qualification under regulation 3(3). Before rejection, the applicant must be given an opportunity to remove objections identified by the Board within the specified time.
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