Registration conditions for bankers to an issue now require fees, prior approval for status changes, and investor grievance redressal. Amendments redefine key terms related to bankers to an issue, require non-refundable application fees with registration and renewal filings as per Schedule II, and add conditions of registration including prior Board approval for any change of status or constitution, a legally binding agreement with the issuer allocating duties, payment of prescribed fees, investor grievance redressal within one month with reporting to the Board, and compliance with applicable regulations. Certificates of registration and renewals are valid for three years from issuance and Schedule II fees are revised and supplemented.
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.
Registration conditions for bankers to an issue now require fees, prior approval for status changes, and investor grievance redressal.
Amendments redefine key terms related to bankers to an issue, require non-refundable application fees with registration and renewal filings as per Schedule II, and add conditions of registration including prior Board approval for any change of status or constitution, a legally binding agreement with the issuer allocating duties, payment of prescribed fees, investor grievance redressal within one month with reporting to the Board, and compliance with applicable regulations. Certificates of registration and renewals are valid for three years from issuance and Schedule II fees are revised and supplemented.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.