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        SEBI

        Regulation 22 - Underwriting obligations

        Securities and Exchange Board of India (Merchant Bankers) Regulations, 1992
        Chapter III
        GENERAL OBLIGATIONS AND RESPONSIBILITIES

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        Underwriting obligations require merchant bankers to engage in underwriting activities as specified by the Board under its directives. Regulation 22 requires merchant bankers to engage in underwriting activities as specified by the Board from time to time, with historical iterations having prescribed minimum underwriting commitments and provisos which were later substituted by Board-specified obligations.
                      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.

                            Underwriting obligations require merchant bankers to engage in underwriting activities as specified by the Board under its directives.

                            Regulation 22 requires merchant bankers to engage in underwriting activities as specified by the Board from time to time, with historical iterations having prescribed minimum underwriting commitments and provisos which were later substituted by Board-specified obligations.


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