The Govt. has notified the SEBI (Underwriters) (Repeal) Regulations, 2021 which shall repeal old SEBI (Underwriters) Regulations, 1993. However, On and from the commencement of these regulations, the Securities and Exchange Board of India (Underwriters) Regulations, 1993 shall stand repealed and the certificate of registration granted to any person under the Securities and Exchange Board of India (Underwriters) Regulations, 1993 shall deemed to be surrendered.