Bye-law 2, Securities and Exchange Board of India (Licensing of The business of a merchant banker) Bye-laws, 2017 [SBS-2BV]
As at 7 September 2026. In force from 1 December 2017.
Definitions.—In these bye-laws, unless the context otherwise requires,— (a) "Act" means the Securities and Exchange Board of India Act, 1992 (15 of 1992); (b) "merchant banker" means a person carrying on the business of a merchant banker; (c) "disclosure" means a disclosure received, held or disposed of by a merchant banker in the course of the business of a merchant banker; (d) "Form A" means the form so numbered in the Schedule; (e) words and expressions used herein and not defined but defined in the Act shall have the meanings respectively assigned to them in the Act.
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