Pledge of locked-in specified securities

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..... Regulations, 2018 - Act-Rules - Pledge of locked-in specified securities 242. Specified securities held by the promoters and locked-in may be pledged as a collateral security for a loan granted by a .....

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..... 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 238 and the pledge of specified securi .....

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