What is pre issue and post issue activities?
The pre issue management refers to process of coordinating the activities on issuing of the shares and setting the price of the issue. The post issue management deals with activities of collecting, evaluating the forms and allotting the certificates.
What are the activities of post issue?
7.3. 1 The Post -issue Lead Merchant Banker shall actively associate himself with post-issue activities namely, allotment, refund and despatch and shall regularly monitor redressal of investor grievances arising therefrom.
What are the pre issue management activities of merchant banker?
A merchant banker provides various services such as Promotional activities, Credit syndication, Project counseling, and Portfolio management, etc. However, one of the primary functions of the merchant banker is issue management, be it IPO, FPO, or right issue.
What is meant by post issue management?
The post issue management consists of collection of application forms and statement of amount received from bankers, screening applications, deciding allotment procedure, mailing of allotment letters, share certificates and refund orders. Registrars to the issue play a major role in the post management.
What is pre-issue obligation?
5.0 The pre-issue obligations are detailed below : 5.1 The lead merchant banker shall exercise due diligence. 5.1. 1 The standard of due diligence shall be such that the merchant banker shall satisfy himself about all the aspects of offering, veracity and adequacy of disclosure in the offer documents.
What are the important activities in issue management?
The scope of the issue management process involves: Issue identification and documentation. Analysis of the root cause of issues. Designing issue action plan and implementing resolutions.
What does pre-issue mean?
n. 1 the act of sending or giving out something; supply; delivery. 2 something issued; an edition of stamps, a magazine, etc. 3 the number of identical items, such as banknotes or shares in a company, that become available at a particular time. 4 the act of emerging; outflow; discharge.
What is a preliminary issue trial?
Related Content. The court has the power to order the trial of specific and carefully defined issues, the determination of which is likely to resolve the case altogether or to prompt the settlement of the litigation as a whole (CPR 3.1(2)(l)).
What are preliminary issues in law?
In civil proceedings, an issue ordered to be tried before the main trial of the case. An order for the trial of a preliminary issue may be made by the court if the preliminary issue (which may be a question of law) will be decisive or potentially decisive in the case.
What is preliminary issue application?
application for trial of certain issues arising in the suit as preliminary issues and for examination of certain witnesses such preliminary issues. 2. The suit out of which the application for trial of issues as preliminary issues arises. Calcutta High Court.
What is Section 9A of CPC?
Section 9A provides a self-contained scheme with a non-obstante clause which mandates the court to follow the provision and at the same time is a complete departure from the provisions contained in Order XIV Rule 2 CPC.
What is issue management process?
Issues management is the management process whose goal is to preserve markets, reduce risks, create opportunities and manage corporate reputation as an organizational asset for the benefit of both the organization and its primary stakeholders. Two Main Activities in Issue Management: • Pre- Issue Activities. • Post- Issue Activities. 4.
What are the features of post issue advertisements?
Post issue advertisements • Post- issue lead merchant banker shall ensure that in all issues, advertisement giving details relating to oversubscription, basis on allotment, number, value and percentage of application received etc. is released within 10 days.
What are the post issue activities of a merchant banker?
• Post- Issue Activities. 4. POST-ISSUE activities • Post issue monitoring reports The post issue lead merchant banker shall ensure the submission of the post issue monitoring reports Due diligence certificate to be submitted with the final post issue monitoring report.
What are post-issue activities?
POST-ISSUE activities • Post issue monitoring reports The post issue lead merchant banker shall ensure the submission of the post issue monitoring reports Due diligence certificate to be submitted with the final post issue monitoring report.