In this Chapter, unless the context otherwise requires,

(117) "underwriting" has the meaning assigned to it in clause (g) of Rule 2 of the Securities and Exchange Board of India (Underwriters) Rules, 1993;

The Other Statutes Referred:

Clause (g) of Rule 2 of the Securities and Exchange Board of India (Underwriters) Rules, 1993:

(g) "underwriting" means an agreement with or without conditions to subscribe to the securities of a body corporate when the existing shareholders of such body corporate or the public do not subscribe to the securities offered to them.