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India] has a standing contract with underwriters who are members of the Society of Lloyd' s whereby such person
Central Government Act
away, with the intention of causing damage to the underwriters. A has committed mischief.
(f) A causes a ship
Central Government Act
debentures agreed to be taken by a person underwriting an offer thereof by a pros- pectus
Central Government Act
shares in or debentures of the company, being underwriting commission, brokerage and charges for drafting, typing, printing and advertisement
Central Government Act
trust deeds, registrars to an issue, merchant bankers, underwriters, portfolio managers, investment advisers and such other intermediaries
Central Government Act
view to, acquiring, disposing of, subscribing for, or underwriting shares or debentures; or
(b) any agreement the purpose or pretended
Central Government Act
authorities but it is clear that the
expression "underwrite" signifies accept liability under
that. The dictionary meaning also indicates that ... should be referred to the Central
Underwriting Section."
Learned Subordinate Judge by his judgment dated 19th
November, 1964 held that
Supreme Court of India
company was authorised to employ brokers, commission
agents and underwriters for sale of shares and debentures and to
provide ... twenty years with authority,
inter alia, to appoint underwriters on a commission of ten per cent. on
sale of shares
Supreme Court of India
Explanation to section 9(1)(vii) and
management & underwriting commission and selling concession retained by
them were fees ... section 9(1)(vii) and
management & underwriting commission and selling concession retained by
them were fees for technical services
Income Tax Appellate Tribunal - Mumbai
such way of financing was that the assessee was underwriting
certain public issues by such companies. The assessee was entitled ... shares at face value, but was also entitled for
underwriting commission as well as brokerage as if the shares
Income Tax Appellate Tribunal - Mumbai
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