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
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 http://www.icaiknowledgegateway.org/littledms/folder1/underwriting-of-shares-and-debentures.pdf