Pledge of locked-in specified securities

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..... egulations, 2018 - Act-Rules - Pledge of locked-in specified securities 119. Specified securities 1 [, except SR equity shares, ] held by the promoters and locked in may be pledged as collateral secu .....

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..... or more of the objects of the issue and pledge of specified securities is one of the terms of sanction of the loan b) if the specified securities are locked-in in terms of clause (b) of regulation 11 .....

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