Underwriting

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madhav hegde (Querist)
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21 September 2016 How the marking and underwriting is independent each other?Any application received by the company which bear the stamp of underwriter is marked right

Amol S Joglekar

Amol S Joglekar (Expert)
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21 September 2016 yes, you are right.
set A : forms bearing stamp of underwriters + stamp of brokers
set B : forms bearing only stamp of brokers
set C : forms bearing no stamp at all....
please go through the link for a better enlightenment
https://www.icaiknowledgegateway.org/littledms/folder1/underwriting-of-shares-and-debentures.pdf

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