Restrictions on allotment

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..... ies shall be allotted to mutual funds: Provided that if the mutual funds do not subscribe to said minimum percentage or any part thereof, such minimum portion or part thereof may be allotted to other qualified institutional buyers; (b) No allotment shall be made, either directly or indirectly, to any qualified institutional buyer who is a promoter or any person related to promoters of the is .....

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..... person related to the promoters of the issuer: (a) rights under a shareholders agreement or voting agreement entered into with promoters or persons related to the promoters; (b) veto rights; or (c) right to appoint any nominee director on the board of the issuer. - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management India - t .....

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