Instructions to registered Merchant Bankers

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....tions 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 been brought to SEBI's notice that, in several public issues, the collection centr....

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....t 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 regarding any offer documents filed with SEBI are forwarded to Lead Managers for redressal and for replying to complainant. However, it is note....