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Mandatory Listing

..... issuer shall make an application for listing to one or more recognised stock exchanges in the manner specified by the Board. (2) In case the issuer fails to obtain listing or trading permission from a .....

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..... fter the issuer becomes liable to repay it, the issuer shall be liable to repay that money with interest at the rate of fifteen percent per annum till such refund is made: Provided that where the issu .....

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