SECURITIES AND EXCHANGE BOARD OF INDIA (BANKERS TO AN ISSUE) REGULATIONS, 1994 — THE SECURITIES AND EXCHANGE BOARD OF INDIA ACT, 1992

SECURITIES AND EXCHANGE BOARD OF INDIA (BANKERS TO AN ISSUE) REGULATIONS, 1994 CHAPTER I: PRELIMINARY Short title and commencement. Definitions. CHAPTER II: REGISTRATION OF BANKERS TO AN ISSUE Application for grant of certificate. Application to conform to the requirements. Furnishing of information, clarification and personal representation. Consideration of application. 6A. Criteria for fit and proper person. Procedure for registration. Renewal of certificate. 8A. Conditions of registration. 8B. Period of validity of certificate. Procedure where registration is not granted. Effect of refusal to grant certificate. Payment of fees and the consequences of failure to pay fees. CHAPTER III: GENERAL OBLIGATIONS AND RESPONSIBILITIES 12 . Maintenance of books of account, records and the documents. Furnishing of information to the Board. Agreement with bodies corporate. Board to be informed of any disciplinary action taken by the Reserve Bank. Code of conduct. 16A. Appointment of compliance officer. CHAPTER IV: PROCEDURE FOR INSPECTION Inspection of Banker to an Issue. Purpose of inspection. Procedure for inspection. Obligations of banker to an issue on inspection. Submission of report to the Board. Action on inspection or investigation report. CHAPTER V: PROCEDURE FOR ACTION IN CASE OF DEFAULT Liability for action in case of default. to 31. Omitted by the Securities and Exchange Board of India (Procedure for Holding Enquiry by Enquiry Officer and Imposing Penalty) Regulations, 2002, w.e.f. 27-09-2002. FORM A: APPLICATION FOR GRANT/RENEWAL OF CERTIFICATE OF SCHEDULE I: FORMS REGISTRATION AS BANKERS TO THE ISSUE. FORM B: CERTIFICATE OF REGISTRATION SCHEDULE II: FEES SCHEDULE III: CODE OF CONDUCT THE GAZETTE OF INDIA EXTRAORDINARY PART III - SECTION 4 PUBLISHED BY AUTHORITY NOTI