Grant of certificate of registration

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..... hat it has been found eligible for grant of certificate of 3 [***] registration and grant a certificate in Form B. (2) 4 [The certificate of registration granted under sub-regulation (1) shall be valid unless it is suspended or cancelled by the Board.] (3) 5 [The underwriter who has already been granted certificate of registration by the Board, prior to the commencement of the Secur .....

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..... t to payment of fees as specified in regulation 12. 2 The word initial was omitted by the Securities and Exchange Board of India (Change In Conditions Of Registration Of Certain Intermediaries) (Amendment) Regulations, 2016 w.e.f. 08-12-2016. 3 The word initial was omitted by the Securities and Exchange Board of India (Change In Conditions Of Registration Of Certain Intermediaries) (Ame .....

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..... of the Securities and Exchange Board of India (Underwriters) (Amendment) Regulations 2011, and has not completed a period of three years, shall be deemed to have been granted a certificate of initial registration for a period of five years from the date of its certificate of registration, subject to payment of fee for the remaining period of two years, as prescribed under Schedule II of these reg .....

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