Merchant banker registration certificates continue unless suspended or cancelled, with eligible applicants receiving prescribed registration and fee obligations. Merchant banker registration is granted by the Board in Form B where the applicant satisfies applicable eligibility requirements. Registration remains ... Summary
Merchant banker registration certificates continue unless suspended or cancelled, with eligible applicants receiving prescribed registration and fee obligations.
Merchant banker registration is granted by the Board in Form B where the applicant satisfies applicable eligibility requirements. Registration remains valid unless suspended or cancelled, and merchant bankers registered before commencement of the 2016 amendments are deemed to hold registration under the current framework. Registered merchant bankers must pay fees in accordance with Schedule II. The 2016 amendments removed the concept of initial registration and replaced the earlier fixed validity period with continuing validity subject to suspension or cancellation.
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