One 97 Communications Limited has recently filed its Draft Red Herring Prospectus with SEBI for initiation of an IPO. (750 words each)

A. Identify and name the participants and various financial intermediaries involved in One 97 Communication Ltds IPO process and briefly describe their role in the public issue.

B. Analyze the different forms of money involved and the applicable financial regulations in each of the cases when a customer makes a payment using cash, net-banking service, Paytm wallet and Paytm Payments Bank.

C. Will there be a difference in the insolvency procedure of One 97 Communications Ltd and Paytm Payments Bank Ltd? If yes, discuss the key factors that lead to such a distinction in the procedure of the two insolvencies.