Allotment, refund and payment of interest

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..... s, 2018 - Act-Rules - Allotment, refund and payment of interest 269. (1) The registrars to the issue, in consultation with the issuer and lead manager(s) shall ensure that the specified securities ar .....

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..... nblocked within the period stipulated in sub-regulation (1) above, the issuer shall undertake to pay interest at the rate of fifteen per cent. per annum and within such time as disclosed in the offer .....

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