Underwriting


This query is : Resolved 

(Querist)
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
https://www.icaiknowledgegateway.org/littledms/folder1/underwriting-of-shares-and-debentures.pdf


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