Entities not eligible to make a rights issue

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..... - Act-Rules - Entities not eligible to make a rights issue 61. An issuer shall not be eligible to make a rights issue of specified securities: a) if the issuer, any of its promoters, promote .....

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..... ill not apply to the 1 [ persons or entities mentioned therein ] who were debarred in the past by the Board and the period of debarment is already over as on the date of filing of the draft letter .....

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