AMENDMENTS TO OTHER REGULATIONS

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....ever applicable;" (b) after sub-regulation (1), the following sub-regulation shall be inserted, namely:- "(1A) The debenture trustee shall: (a) obtain reports from the lead bank regarding progress of the project; (b) monitor utilisation of funds raised in the issue; (c) obtain a certificate from the issuer's auditors: (i) in respect of utilisation of funds during the implementation period of the project; and (ii) in the case of debentures issued for financing working capital, at the end of each accounting year." (2) Amendment of Securities and Exchange Board of India (Merchant Bankers) Regulations, 1992. (i) in regulation 9, after sub-regulation (1A), the following sub-regulation shall be inserted, namely: ....

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....ises control over the other; or (iii) there is a common director, excluding nominee director, amongst the issuer, its subsidiary or holding company and the merchant banker." (v) regulations 23, 24, 24A and 25 shall be omitted; (vi) regulation 28 shall be renumbered as "28.(1)" and after the renumbered sub-regulation (1), the following sub-regulation shall be inserted, namely:- "(2) The merchant banker shall submit a half yearly report for the period ending with 31st March and 30th September of every year, in the format specified in schedule IV, within three months from the close of the period to which it corresponds." (vii) in Schedule I , Form C shall be omitted; (viii) Schedule IV shall be substituted with the following,....

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....ontinued Object of the new activities/reasons for discontinuation. (10) Details of all pending litigations involving the merchant banker. (11) Issue management activities (Attach separate sheet if required): Name of issuer Companies Type of issue  (public/rights/composite) Instrument Offer Amount(Rs. In Lakhs)  Issue Price/ Conversion Price Issue opening date Issue Closing date No. of times  oversubscribed Functional Responsibility Stock Exchanges where instruments were to be listed Reasons for delay in listing First date of trading in respective SEs Opening trading price at respective SEs Current market price Remarks (12) Penalty/warnings given by SEBI, if any. (13)....

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.... (iii) Unquoted investment     (iv) Current assets     (v) Misc. exp. not written off     (vi) Others     TOTAL     (Please enclose the copy of latest audited financial results along with schedules) (16) Changes, if any in major share holding (more than 5%) Name of the shareholder Investment/ disinvestment Percentage of total paid-up capital (17) Name of the major shareholders holding more than 5%. (18) Any capital issue (rights or public) during the period. If yes, details thereof inclusive of status of complaints from investors and their redressal. (19) Indictment or involvement in any economic offence by the merchant bank....