Merchant banker filing fees scaled by issue size, payable on draft submission and adjusted on final prospectus filing. Fees for draft offer documents by merchant bankers are prescribed by tiered schedules for public and rights issues in two time phases; fees must be paid on submission or on estimated issue size if unsettled, with post finalization adjustments requiring deficient fees to be paid within seven days of filing the final prospectus and refunds of any excess by the Board; payment is by demand draft payable to the Securities and Exchange Board of India at Mumbai or the relevant Regional Office city.
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Provisions expressly mentioned in the judgment/order text.
Merchant banker filing fees scaled by issue size, payable on draft submission and adjusted on final prospectus filing.
Fees for draft offer documents by merchant bankers are prescribed by tiered schedules for public and rights issues in two time phases; fees must be paid on submission or on estimated issue size if unsettled, with post finalization adjustments requiring deficient fees to be paid within seven days of filing the final prospectus and refunds of any excess by the Board; payment is by demand draft payable to the Securities and Exchange Board of India at Mumbai or the relevant Regional Office city.
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