Conditions for the issue of prospectus and application.

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..... nied by a memorandum containing the salient features of prospectus in the specified form. (ii) An application form can be issued without the memorandum as specified in clause (i) above if it is issued in connection with an invitation to enter into an underwriting agreement with respect to the IDRs. (iii) The prospectus for subscription of IDRs of the issuing company which includes a .....

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