Registration requirement: merchant bankers must hold a SEBI certificate and meet conditions for lawful issue management activity. Persons engaged in issue management must hold a certificate of registration from the Board; those acting without registration are prohibited except where a prior entrant has applied for registration and awaits disposal. Grant or renewal of a certificate is subject to conditions including prior permission for status changes, payment of fees, one month investor grievance redressal and reporting to the Board, and compliance with rules and regulations.
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 requirement: merchant bankers must hold a SEBI certificate and meet conditions for lawful issue management activity.
Persons engaged in issue management must hold a certificate of registration from the Board; those acting without registration are prohibited except where a prior entrant has applied for registration and awaits disposal. Grant or renewal of a certificate is subject to conditions including prior permission for status changes, payment of fees, one month investor grievance redressal and reporting to the Board, and compliance with rules and regulations.
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