https://www.taxtmi.com/acts?id=55784 Special purpose acquisition companies may undertake an initial public offering of specified securities only where no target business combination has been identified, compliant redemption and liquidation arrangements exist, and the sponsor's relevant track record is disclosed. Sponsor includes persons sponsoring the SPAC's formation and persons holding specified securities before the offering. Listing is unavailable if the issuer or any sponsor is debarred from the capital market, is a wilful defaulter, or is a fugitive economic offender. en-us Tue, 22 Sep 2026 17:38:31 +0530 Tue, 22 Sep 2026 17:38:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=55784 Special purpose acquisition companies may undertake an initial public offering of specified securities only where no target business combination has been identified, compliant redemption and liquidation arrangements exist, and the sponsor's relevant track record is disclosed. Sponsor includes persons sponsoring the SPAC's formation and persons holding specified securities before the offering. Listing is unavailable if the issuer or any sponsor is debarred from the capital market, is a wilful defaulter, or is a fugitive economic offender. Act-Rules Indian Laws Tue, 22 Sep 2026 17:38:31 +0530 https://www.taxtmi.com/acts?id=55784