Grant of certificate of registration

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....on, that it has been found eligible for grant of certificate of ^3[***] registration and grant a certificate in Form B. ^4[(2) The certificate of registration granted under sub- regulation (1) shall be valid unless it is suspended or cancelled by the Board.] ^5[(3) The bankers to an issue who has already been granted certificate of registration by the Board, prior to the commencement of the ....

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.... (2) On the grant of a certificate, the applicant shall be liable to pay the fees in accordance with Schedule II." 2 The word "initial" was omitted by the Securities and Exchange Board of India (Change In Conditions Of Registration Of Certain Intermediaries) (Amendment) Regulations, 2016 w.e.f. 08-12-2016. 3 The word "initial" was omitted by the Securities and Exchange Board of India....