Registration of merchant bankers: certificate granted on eligibility remains valid until suspension or cancellation; fee payable as prescribed. The Board grants a certificate of registration in Form B when satisfied of an applicant's eligibility and sends intimation to the applicant; the merchant banker must pay fees in accordance with Schedule II. The certificate remains valid unless suspended or cancelled by the Board, and merchant bankers registered before the referenced amendment are deemed to have been granted registration under the same provision.
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Provisions expressly mentioned in the judgment/order text.
Registration of merchant bankers: certificate granted on eligibility remains valid until suspension or cancellation; fee payable as prescribed.
The Board grants a certificate of registration in Form B when satisfied of an applicant's eligibility and sends intimation to the applicant; the merchant banker must pay fees in accordance with Schedule II. The certificate remains valid unless suspended or cancelled by the Board, and merchant bankers registered before the referenced amendment are deemed to have been granted registration under the same provision.
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