FEES
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.... prior to the commencement of the Securities and Exchange Board of India (Change in Conditions of Registration of Certain Intermediaries) (Amendment) Regulations, 2016, as the case may be.] ^5[2A. The fee specified in paragraph 2, shall be paid three months prior to the expiry of the period for which the fees has been paid.] ^6[3. (a) The fee referred to in paragraph 1 shall be paid by the underwriter within fifteen days from the date of receipt of intimation from the Board under regulation 8. ^7[(aa) The fee referred to in paragraph 1A shall be paid by the underwriter within a period of three months before completion of the period of three years from the date of grant of certificate of ^8[***] registration, or within a period of t....
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....s and Exchange Board of India (Change In Conditions Of Registration Of Certain Intermediaries) (Amendment) Regulations, 2016 w.e.f. 08-12-2016. Prior to omission paragraph 1A read as under: "1A. An underwriter referred to under sub-regulation (3) of regulation 8 shall pay fee for the remaining period of two years on pro rata basis to the fee prescribed under paragraph 2." 4 Substituted 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. Prior to substitution paragraph 2 read as under: "2. An underwriter who has been granted a certificate of registration, to keep its registration in force, shall pay fee of five lakh rupees eve....
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.... before expiry of the block for which fee has been paid." Prior to substitution by the SEBI (Underwriters) (Amendment) Regulations, 2011, w.e.f. 5-7-2011., it read as under: "(b) The fee referred to in paragraph 2 shall be paid by the underwriter within fifteen days of receipt of intimation from the Board disposing of the application for renewal made under sub-regulation (1) of regulation 9." 10 Substituted 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. Prior to substitution, paragraph 3A as inserted by the SEBI (Underwriters) (Amendment) Regulations, 2006, w.e.f. 7-9-2006. "3A. The non-refundable fee payable along wi....
TaxTMI