Securities and Exchange Board of India (Underwriters) Regulations, 1993

Chapter: I
PRELIMINARY
Regulation 1	:	Short title and commencement
Regulation 2	:	Definitions
Chapter: II
REGISTRATION OF UNDERWRITERS
Regulation 3	:	Registration as underwriter
Regulation 3A	:	Application for grant of certificate of registration
Regulation 4	:	Furnishing of further information, clarification, etc.
Regulation 5	:	Application to conform to the requirements
Regulation 6	:	Consideration of application
Regulation 6A	:	Criteria for fit and proper person
Regulation 7	:	Capital adequacy requirement
Regulation 8	:	Grant of certificate of registration
Regulation 8A	:	Omitted
Regulation 9	:	Omitted
Regulation 9A	:	Conditions of registration
Regulation 9B	:	Omitted
Regulation 10	:	Procedure where registration is not granted
Regulation 11	:	Omitted
Regulation 12	:	Payment of fees, and the consequences of failure to pay fees
Chapter: III
GENERAL OBLIGATIONS AND RESPONSIBILITIES
Regulation 13	:	To abide by the Code of Conduct
Regulation 14	:	Agreement with clients
Regulation 15	:	General responsibilities of an underwriter.
Regulation 16	:	To maintain proper books of account and records, etc.
Regulation 17	:	Period of maintenance of books of account, records and other documents.
Regulation 17A	:	Appointment of compliance officer
Regulation 18	:	Power to call for information.
Chapter: IV
INSPECTION AND DISCIPLINARY PROCEEDINGS
Regulation 19	:	Board’s right to inspect
Regulation 20	:	Procedure for inspection
Regulation 21	:	Obligations of underwriter on inspection by the Board.
Regulation 22	:	Submission of report to the Board.
Regulation 23	:	Action on inspection or investigation report
Regulation 24	:	Appointment of Auditor
Chapter: V
PROCEDURE FOR ACTION IN CASE OF DEFAULT
Regulation 25	:	Liability for action in case of default
Regulation 26	:	Omitted
Regulation 27	:	Omitted
Regulation 28	:	Omitted
Regulation 29	:	Omitted
Regulation 30	:	Omitted
Regulation 31	:	Omitted
Regulation 32	:	Omitted
Chapter: VI
POWER TO RELAX STRICT ENFORCEMENT OF THE REGULATIONS
Regulation 33	:	Exemption from enforcement of the regulations in special cases
SCHEDULE
SCHEDULE - I	:	FORMS
SCHEDULE - II	:	FEES
SCHEDULE - III	:	CODE OF CONDUCT FOR UNDERWRITERS