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        SEBI

        Securities And Exchange Board Of India (Bankers To An Issue) Amendment Regulations, 1998. - S.O. No.15(E) - SEBI/LE/2301/98 - SEBI

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        Fit and proper person requirement added for bankers to an issue, mandating applicant suitability for registration. The amendment adds clause (cc) to regulation 6 of the SEBI (Bankers to an Issue) Regulations, 1994, requiring that the applicant 'is a fit and proper person,' thereby making applicant suitability a formal prerequisite for bankers to an issue.
                      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.

                            Fit and proper person requirement added for bankers to an issue, mandating applicant suitability for registration.

                            The amendment adds clause (cc) to regulation 6 of the SEBI (Bankers to an Issue) Regulations, 1994, requiring that the applicant "is a fit and proper person," thereby making applicant suitability a formal prerequisite for bankers to an issue.


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