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          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.

          Provisions expressly mentioned in the judgment/order text.

          <h1>Allotment procedure for SM REITs limits allotments to offered units, prescribes minimum bid lots and proportionate lottery.</h1> The investment manager must allot SM REIT units on receipt of application monies. If oversubscribed, allotment cannot exceed units offered; each investor category must receive at least the minimum bid lot and any remaining units must be allotted proportionately by lottery, with a limited exception permitting up to one per cent of the net offer to enable minimum-lot allotments. Designated stock exchange representatives alongside post-issue merchant bankers and registrars must ensure the basis of allotment is finalized fairly.

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