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Conditions for the issue of prospectus and application.

X X   X X   Extracts   X X   X X

Full Text of the Document

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....ssued unless the form is accompanied by a memorandum containing the salient features of prospectus in the specified form.      (ii) An application form can be issued without the memorandum as specified in clause (i) above if it is issued in connection with an invitation to enter into an underwriting agreement with respect to the IDRs.      (iii) The pr....