Maintenance of books and records for book building process is mandatory; inspection and cooperation by intermediaries required. Merchant bankers must maintain a final book of demand showing the result of the allocation process; merchant bankers and other intermediaries associated with the book building process must maintain records of the process; the Board may inspect those records, books and documents and the merchant bankers and intermediaries are required to extend full co-operation.
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Provisions expressly mentioned in the judgment/order text.
Maintenance of books and records for book building process is mandatory; inspection and cooperation by intermediaries required.
Merchant bankers must maintain a final book of demand showing the result of the allocation process; merchant bankers and other intermediaries associated with the book building process must maintain records of the process; the Board may inspect those records, books and documents and the merchant bankers and intermediaries are required to extend full co-operation.
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