Rule 18, Puducherry Mines and Minerals (Development and Regulation) Act, 1957 (Licensing) Rules, 2012 [SAB-7EH]
As at 7 September 2026. In force from 6 June 2012.
Conditions of registration.—Every merchant banker shall carry on the business of a merchant banker only at the premises specified in the certificate of registration, shall keep every securities in his possession in a safe and proper manner and separately from anything of a different description, shall produce every such securities for inspection on request by the adjudicating officer, and shall not part with the certificate of registration to any other person.
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