Section 134: Prohibition on payment of incentives

Q: What does Section 134 of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR Regulations) deal with?

Section 134 ICDR Regulations pertains to "Prohibition on payment of incentives". It is part of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, a legislation enacted by the Parliament of India. Section 134 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR Regulations) prohibits prohibition on payment of incentives. As verified on 19 May 2026.

Q: Is Section 134 ICDR Regulations still in force?

Yes, Section 134 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 is currently in force across the Republic of India.

Q: What is धारा 134 ICDR Regulations?

धारा 134 ICDR Regulations is the Devanagari Hindi reference for Section 134 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. Section 134 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR Regulations) prohibits prohibition on payment of incentives. As verified on 19 May 2026.

Q: What is Dhara 134 ICDR Regulations?

Dhara 134 ICDR Regulations is the Roman Hindi reference for Section 134 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. "Dhara" means "Section" in Hindi. Section 134 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR Regulations) prohibits prohibition on payment of incentives. As verified on 19 May 2026.

Q: How to cite Section 134 of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018?

Cite as: "Section 134, SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 (ICDR Regulations)" in legal briefs. For academic writing, use the BlueBook format: SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, § 134 (India).

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Wednesday, 20 May 2026

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Table of Contents

SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018

Chapter VIII — – Issuance Conditions and Procedure 129. Allocation in the net offer.

Section 134

Prohibition on payment of incentives

- Any person connected with the issue, shall not offer any incentive, whether direct or indirect, in any manner, whether in cash or kind or services or otherwise to any person for making an application in the initial public offer, except for fees or commission for services rendered in relation to the issue.