Periodic reporting requirement for merchant bankers imposed, with Board to specify submission manner and Schedule IV omitted. Amendment substitutes regulation 28(2) to require merchant bankers to submit periodic reports in such manner as may be specified by the Board, centralising the form and manner of reporting. The Amendment further omits Schedule IV from the principal Regulations and takes effect on publication in the Official Gazette, thereby altering reporting and compliance obligations under the merchant bankers regulatory framework.
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Provisions expressly mentioned in the judgment/order text.
Periodic reporting requirement for merchant bankers imposed, with Board to specify submission manner and Schedule IV omitted.
Amendment substitutes regulation 28(2) to require merchant bankers to submit periodic reports in such manner as may be specified by the Board, centralising the form and manner of reporting. The Amendment further omits Schedule IV from the principal Regulations and takes effect on publication in the Official Gazette, thereby altering reporting and compliance obligations under the merchant bankers regulatory framework.
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