General responsibilities of a merchant banker as an underwriter

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..... ns, 1992 - Act-Rules - 1 [ General responsibilities of a merchant banker as an underwriter. 22B. (1) A merchant banker acting as an underwriter shall not derive any direct or indirect benefit .....

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..... ecurities of a body corporate pursuant to an agreement for underwriting, shall subscribe to such securities within 45 days of the receipt of such intimation from such body corporate. ] .....

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