TMI BlogGeneral conditionsX X X X Extracts X X X X X X X X Extracts X X X X ..... curities on such stock exchanges and has chosen one of them as the designated stock exchange, in terms of Schedule XIX ; b) it has entered into an agreement with a depository for dematerialisation of the specified securities already issued and proposed to be issued; c) all its specified securities held by the promoters are in dematerialised form prior to filing of the offer document; d) all its ex ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ssue; (II) In case of an issuer which had been a partnership firm or a limited liability partnership, the track record of operating profit of the partnership firm or the limited liability partnership shall be considered only if the financial statements of the partnership business for the period during which the issuer was a partnership firm or a limited liability partnership, conform to and are re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nts regarding financial statements as provided for partnership firms or limited liability partnerships in Explanation (II) are complied with. 2 [ (3) The amount for: (i) general corporate purposes, and (ii) such objects where the issuer company has not identified acquisition or investment target, as mentioned in objects of the issue in the draft offer document and the offer document, shall not exc ..... X X X X Extracts X X X X X X X X Extracts X X X X
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