Payment of consideration and return of equity shares

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..... yment of consideration and return of equity shares 20. (1) The promoter shall immediately 1 [upon] success of the offer, open a special account with a banker to an issue registered with the Board and .....

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..... uant to paragraphs 7 or 9 of Schedule II shall be returned or released to him, within ten working days from the closure of the offer, in cases where the bids pertaining thereto have not been accepted. .....

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