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Conditions for preferential issue

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Full Text of the Document

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.... a) all equity shares allotted by way of preferential issue shall be made fully paid up at the time of the allotment; b) a special resolution has been passed by its shareholders; c) all equity shares held by the proposed allottees in the issuer are in dematerialised form ^1[before an application seeking in-principle approval is made by the issuer to the stock exchang....

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