Entities not eligible to make an initial public offer

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..... ulations, 2018
PART I: ELIGIBILITY REQUIREMENTS Entities not eligible to make an initial public offer 228. An issuer shall not be eligible to make an initial public offer: (a) if the issuer, an .....

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..... borrower]. (d) if any of its promoters or directors is a fugitive economic offender. Explanation: The restrictions under clauses (a) and (b) shall not apply to the persons or entities mentioned the .....

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