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of <h1>Government Allows Payment Terms in Share Issue Ads, Must Comply with Section 56 for Transparency and Investor Info.</h1> The Central Government acknowledges a suggestion from the Bombay Shareholders' Association and the Bombay Chamber of Commerce & Industry regarding the inclusion of payment terms in newspaper announcements for public share issues. Previously guided by a 1962 circular, companies were advised on the proforma for such announcements. After review, the government agrees that including payment terms is permissible, provided it complies with section 56 regulations. This decision aims to enhance transparency and provide essential information to potential investors without violating existing legal provisions.
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