TMI BlogPayment of consideration and return of equity sharesX X X X Extracts X X X X X X X X Extracts X X X X ..... ayment 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 Bo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... areholder pursuant 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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