TaxTMI 
TaxTMI 
To maintain proper books of account, records, etc.
X X X X Extracts X X X X
X X X X Extracts X X X X
....ocuments, namely:- (a) Register of transactions (Sauda Book); (b) Clients ledger; (c) General ledger; (d) Journals; (e) Cash book; (f) Bank pass book; 1[(g) Documents register containing, inter alia, particulars of securities received and delivered in physical form and the statement of account and other records relating to receipt and delivery of securities provided by the depository....
X X X X Extracts X X X X
X X X X Extracts X X X X
....place where the books of account, records and documents are maintained. (3) Without prejudice to sub-regulation (1), every stock broker shall, after the close of each accounting period furnish to the Board if so required as soon as possible but not later than six months from the close of the said period a copy of the audited balance sheet and profit and loss account as at the end of the said acco....
X X X X Extracts X X X X
X X X X Extracts X X X X
....received and expended by them and the matters in respect of which the receipt and expenditure take place; and (ii) their assets and liabilities. (2) Every Stock Broker acting as an underwriter shall also maintain the following records with respect to- a) details of all agreements b) total amount of securities of each body corporate subscribed to in pursuance of an agreement c) such other ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....the underwriting obligations. (6) General responsibilities of a Stock Broker as an underwriter a) Every Stock Broker acting as an underwriter shall not derive any direct or indirect benefit from underwriting the issue other than the commission or brokerage payable under an agreement for underwriting. b) The total underwriting obligations under all the agreements shall not exceed twenty times ....