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Disclosure of encumbered shares
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.... 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 aforesaid disclosure requireme....