Prescribed authority for export percentage and equity share issue certification governs export obligations and expansion-related capital certification. Rule 1AA designates prescribed authorities for section 5(1)(xxxiv): one authority to specify and certify the percentage of total production a company must export and to certify that the company has exported that percentage; another authority to certify that an issue of equity share capital has been made after the specified date for the purpose of expansion or diversification of the industrial undertaking.
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Provisions expressly mentioned in the judgment/order text.
Prescribed authority for export percentage and equity share issue certification governs export obligations and expansion-related capital certification.
Rule 1AA designates prescribed authorities for section 5(1)(xxxiv): one authority to specify and certify the percentage of total production a company must export and to certify that the company has exported that percentage; another authority to certify that an issue of equity share capital has been made after the specified date for the purpose of expansion or diversification of the industrial undertaking.
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