Disclosure of encumbered shares

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Full Text of the Document

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....ting in concert with him in such form as may be specified. ^2[Provided that the aforesaid disclosure requirement shall not be applicable where such encumbrance is undertaken in a depository] (2) The promoter of every target company shall disclose details of any invocation of such encumbrance or release of such encumbrance of shares in such form as may be specified. ^3[Provided that the af....