Instructions to registered Merchant Bankers
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....hant Bankers / Stock Exchanges Dear Sirs, Sub.: Instructions to registered Merchant Bankers 1.0 In exercise of the powers conferred under sub-section (1) of Section 11 of the Securities and Exchange Board of India Act, 1992, all Merchant Bankers are advised to comply with the instructions below: 2.0 Copy of PAN Card with bid/issue application not required 2.1. It has bee....
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....etc. appointed for an issue and engaged in collecting application forms are made aware of the above and that they do not refuse to accept applications in the absence of photocopy of PAN card. Merchant Bankers shall be held responsible in this regard. 3.0 Complaints / Public Comments on Offer Documents filed with SEBI: 3.1. Complaints/comments received by SEBI re....
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