SECURITIES AND EXCHANGE BOARD OF INDIA
PRIMARY MARKET DEPARTMENT
MITTAL COURT, ‘A’ WING, GROUND FLOOR
NARIMAN POINT, MUMBAI - 400 021.
TEL NO. : 22850451- 56/ 22880962-70 FAX NO.:22045633
December 16, 2002
SEBI/RUW Circular No. 2(2002-2003)/UW
To all registered Underwriters
Dear Sirs,
Sub.:Application procedure for registration/renewal as Underwriter.
An applicant is required to furnish the application in Form A as specified in SEBI (Underwriters) Rules & Regulation, 1993, to SEBI for registration/ renewal as an Underwriter. On receipt of ‘Form A’, SEBI asks for more information for further processing. The information asked therein is very detailed and is also required to be supported by the relevant supporting documents. It has been our experience that the applicants take a few months to furnish full information. Quite often processing of registration/renewal applications gets delayed for want of complete information.
SEBI, in its endeavor, to make processing of application for registration/renewal simpler, speedier and effective, advise all the existing/prospective 'Underwriters' to note the following:
This circular shall come into force with immediate effect.
Yours faithfully,
NEELAM BHARDWAJ
DIVISION CHIEF