ISSUE WORK Sample Clauses
The 'ISSUE WORK' clause defines the process by which work is formally assigned or authorized under an agreement. Typically, this clause outlines the steps required for one party to issue work orders, task assignments, or project directives to the other party, specifying the scope, deliverables, and timelines for each assignment. By establishing a clear mechanism for initiating and documenting work, this clause ensures both parties have a mutual understanding of their obligations and helps prevent disputes over unauthorized or unclear work assignments.
ISSUE WORK. Obtaining the electronic bid data from the Stock Exchange Registrar 5.a b. c. Collection of final certificate and schedule pages from nodal branches of SCSBs Collection of Application Forms from the Designated Intermediaries Processing all Application Forms in respect of the Issue Registrar
ISSUE WORK. 1 Printing and dispatch of Composite Application Form and Abridged Letter of Offer, Letter of Offer / duplicate CAF to the Shareholders Registrar/ Company in consultation with the Lead Manager 2 REs shall be credited to the demat account of eligible shareholders in dematerialized form. Registrar/ Company in consultation with the Lead Manager 3 Acceptance and processing of applications at Registrar ACTIVITIES RESPONSIBILITY
I. PRE-ISSUE WORK: designated collection centres 4 Expediting dispatch of applications, final certificate to the controlling branches. Registrar 5 Collection of applications along with final certificate and schedule pages from controlling branches of bankers to the issue. Registrar
ISSUE WORK. Around Compass 2.0 installation fails with an error message “Database creation failed Contact tech support”. This error occurs (prior to Compass 2.0 installation), if SQL Express has been uninstalled and the uninstallation was incomplete. Uninstall SQL Express properly. Follow the steps below to uninstall SQL Express properly: 1. From Start Menu run “services.msc”, in the services stop all the SQL Express Services Running.
ISSUE WORK. 1. Expediting dispatch of applications, final certificate from controlling branches of SCSBs, Bankers to the Issue and obtaining the electronic bid data from the Stock Exchanges Registrar
2. Accepting and processing of application at the collection centers designated by the Company including any ASBA Applications at any SCSB, in the manner as prescribed under the SEBI ICDR Regulations Registrar
3. a. Collection of final certificate and schedule pages from Nodal branches of SCSBs and the Sponsor Bank and the designated intermediaries b. Processing all Bid cum Application Forms in respect of the Issue c. Upon closure of the Issue, collect the Bid file from the Stock Exchanges and validate the DP ID, Client ID and PAN with the depository database and provide a file through the BRLMs to the concerned Depository Participant of the erroneous bids which will be considered as invalid Registrar Registrar Registrar
ISSUE WORK. Sr. No. Activity Responsibility
1. Printing and transmitting/dispatch of blank Application Forms/ Intimation Letter / Letter of Offer / Abridged Letter of Offer / Rights Entitlement Letter. Registrar
2. Collection of daily, weekly, bi-weekly figures from Banker(s) to the Issue SCSBs, informing the SCSBs about errors, if any, in the bid details, along with an advice to send rectified data within specified date. Registrar
3. Expediting dispatch of Applications, final certificate from the controlling branches. Registrar
4. Acceptance and processing of Applications along with final certificate and schedule pages from controlling branches of SCSB. Registrar
ISSUE WORK. 1. Expediting dispatch of final certificate from controlling branches of SCSB, Sponsor Bank(s) and obtaining the electronic Bid data (including ASBA Bid data) from the Stock Exchange(s) Registrar
2. Accepting and processing of application at the collection centers designated by the Company including any ASBA Applications at any SCSB, in the manner as prescribed under the SEBI ICDR Regulations Registrar
3. Collection of application data along with final certificate and schedule pages from controlling branches of SCSB and the Sponsor Bank(s) Registrar
4. Processing all Bid cum Application Forms in respect of the Issue. Registrar
5. On Bid/Issue Closing Date, collect the bid file from stock exchanges and validate the DP ID, Client ID and PAN with the depository database and provide a file through the Book Running Lead Managers to the concerned Depository Participant of the error bids which will be considered as invalid Registrar
6. Informing Stock Exchange/SEBI and providing necessary certificates to Book Running Lead Managers on closure of Issue Company/Registrar
7. Preparing Underwriter statement in the event of under subscription after the Issue closes and seeking extension from the Stock Exchanges for processing. Registrar/ Company/Book Running Lead Managers
8. Processing of Intermediaries. applications received from the Designated Registrar
9. Numbering of applications and bank schedule and batching them for control purposes, as applicable. Registrar
10. Sending the electronic bid file for NIIs and QIBs with certain fields like application number, number of shares, amount or with any other additional fields as maybe required to all the SCSBs to facilitate validation of the Bid forms for the Bids which are entered in the Stock Exchange Registrar
11. Numbering of applications and bank schedule and batching them for control purposes Registrar
12. Transcribing information from documents to magnetic media for computer processing Registrar
13. Reconciliation of number of applications, securities applied and money blocked with final certificate received from the SCSB or the Sponsor Bank(s), as the case may be. Registrar
14. Reconciliation of complied data received from Stock Exchange(s) with details of collection/blocked amounts received from the Bankers to the Issue, the Sponsor Bank(s) and SCSBs. Registrar
15. Matching the reconciled data with the depository’s database for correctness of DP ID, Client ID and PAN quoted in the Bid downloaded from the Stock Exc...
ISSUE WORK. Around Installation fails when creating a new compass database, if SQL Express is installed without any password. Instead of using the existing SQL Express instance, allow installation to create a new SQL Instance by selecting No in the pop up window which appears during installation (see screenshot below). For more details, refer Installation Guide provided in the Documents folder of CD. The Disk full error message is displayed when migrating from the legacy Compass to access database. This Disk full error is displayed when Access Database is placed in Windows System Drive having less than required free space. For example, when Access Database size is 100 KB, at least 250 KB of free disk space must be available. It is observed that in certain cases in MS Windows 7 Operating System, the MS Access to MS SQL migration fails, if the Compass 1.5.8.X MS Access database file is placed on the desktop. Place the Compass 1.5.8.X MS Access database in local folder on drive (for example, ‘C:\CompasDB’) other than Desktop folder, as Windows 7 users require special privileges to access “…\Documents and Settings\...\Desktop” folder.
ISSUE WORK. 1. Printing and transmitting/dispatch of blank Application Forms/ Intimation Letter / Letter of Offer / Abridged Letter of Offer / Rights Entitlement Letter. Registrar/Company in consultation with the Lead Manager
2. Acceptance and processing of Applications from designated collection centres in the manner prescribed under the SEBI ICDR Regulations. Registrar
3. Co-ordinating for modification of Application in accordance with Applicable Laws on T+1 Registrar 4. Resolution of difficulties faced by Investors and Investor complaints on priority basis in Application process. Registrar
ISSUE WORK. 1. Printing and Transmitting/dispatch of blank Application Forms/ Intimation Letter / Letter of Offer / Abridged Letter of Offer / Rights Entitlement Letter. Registrar/Company
2. Acceptance and processing of Applications from designated collection centres in the manner prescribed under the SEBI ICDR Regulations. Registrar
3. Co-ordinating for modification of Application in accordance with Applicable Laws on T+1. Registrar
4. Resolution of difficulties faced by Investors and Investors complaints on priority basis in Application process. Registrar
5. Credit of REs to demat suspense escrow account in respect of shareholders holding Equity Share in physical mode whose demat details have not been received and coordinate to transfer from demat suspense escrow account to such shareholders’ demat account after receipt of details of their demat account. Registrar
6. Obtain details of holders of REs as on Issue Closing Date, from the depositories. Registrar
7. Collection of final certificate and schedule pages from controlling branches of SCSB. Registrar
8. Uploading the Letter of Offer, Abridged Letter of Offer, Rights Entitlement Letter and Application Form on its website. Registrar
9. Expediting dispatch of final certificate from the controlling branches of Bankers to the Issue / SCSBs. Registrar
10. Informing the Stock Exchange and providing necessary certificates to the Lead Manager on closure of Issue. Registrar ▇.▇▇. ACTIVITIES RESPONSIBILITY
11. Numbering of Applications and bank schedules and batching them for control purposes. Registrar
12. Transcribing information from documents to magnetic media for computer processing. Registrar
13. Reconciliation of number of Applications, securities applied and money received as per final certificate received / SCSBs with number of RE available in the special ISIN with respective details and such reconciliation with bid files. Registrar
14. Identify and reject Applications of technical faults/rejections and duplicate Applications with reference to applicable statutory / regulatory / contractual requirements. Registrar
15. Preparing statement for deciding Basis of Allotment by the Company in consultation with the Designated Stock Exchange. Registrar
16. Finalising Minutes of the Meeting/Basis of Allotment for approval by the Designated Stock Exchange. Registrar/ Company in consultation with the Lead Manager
17. Seeking extension of time from SEBI, if Allotment cannot be made within stipulated time. Company through the ...
ISSUE WORK. 10.1 The Company shall take such steps as are necessary to ensure the completion of Allotment and dispatch of Allotment Advice/ certificates for Equity Shares and refund orders/ demat credit to the applicants (including non-resident Indians) for the Equity Shares soon after the Basis of Allotment has been approved by the Designated Stock Exchange and the Board and in any case not later than the statutory time limit, if any, save and except on account of reasons beyond its control, and in the event of failure to do so, pay interest to the applicants for the Equity Shares as provided in the Issue Documents. The Company shall make the necessary application to the Stock Exchanges and comply with all the listing requirements.
10.2 The Company shall have an investor grievance redressal system to redress all Issue related grievances to the satisfaction of the Book Running Lead Manager.
10.3 The Company shall refund / unblock the money raised in the Issue to the applicants for the Equity Shares if required to do so for any reason such as failure to receive minimum subscription, listing permission or under any direction or order of the SEBI or any other regulatory authority and shall pay the requisite interest amount if so required under the laws or direction or order of the SEBI.