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Option to company for not engaging merchant banker

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.... part of the company undertaking buy-back of shares or other specified securities under these regulations. (2) In case the company dispenses with the appointment of merchant banker, the company shall ensure that the following persons mentioned in column 4 of table below undertake the obligations which are otherwise required to be undertaken by the merchant banker:- Sr. No. (1) Activity....

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....SEBI. 9(xi)(c)(ii), 9(xi)(d), 9(xi)(e), 9(xi)(f), 9(xi)(g), 20(ii)(b), 20(ii)(c), 20(iii), 20(iv)(a), 20(iv)(b), 20(viii), 25(ii), 25(ix) Statutory Auditor   4. Certification relating to adequacy of sell orders and VWAP of shares or other specified securities 20(viii)(a) and 20(viii)(b) Stock Exchanges 5. Presence during extinguishment/destructio....