https://www.taxtmi.com/acts?id=35979 Lead Merchant Banker(s) must furnish a Due Diligence Certificate for IDR issues confirming that the draft/final prospectus conforms with publicly available information and management representations, complies with DIP Guidelines and IDR Rules, and contains disclosures adequate for investor decisions. The certificate requires validations of intermediary registration, underwriter capability, use-of-funds within main objects, segregation of issue proceeds until listing, prohibition of payments to firm allotment recipients, investor demat/physical option, single denomination and accounting/disclosure undertakings, depository agreements, and ongoing public notification of material developments, supported by an annexed documentary checklist. en-us Thu, 07 Feb 2019 11:30:20 +0530 Fri, 08 Feb 2019 16:54:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=35979 Lead Merchant Banker(s) must furnish a Due Diligence Certificate for IDR issues confirming that the draft/final prospectus conforms with publicly available information and management representations, complies with DIP Guidelines and IDR Rules, and contains disclosures adequate for investor decisions. The certificate requires validations of intermediary registration, underwriter capability, use-of-funds within main objects, segregation of issue proceeds until listing, prohibition of payments to firm allotment recipients, investor demat/physical option, single denomination and accounting/disclosure undertakings, depository agreements, and ongoing public notification of material developments, supported by an annexed documentary checklist. Act-Rules SEBI Thu, 07 Feb 2019 11:30:20 +0530 https://www.taxtmi.com/acts?id=35979