Minimum application value.

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..... in the range of minimum application value of 1 [ten thousand rupees to fifteen thousand rupees]. (2) The issuer shall invite applications in multiples of the minimum application value, an illustration whereof is given in Schedule XIV. (3) The minimum sum payable on application shall not be less than twenty five per cent. of the issue price: Provided that in case of an offer for sale, t .....

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