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Payment of consideration and return of equity shares

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....009 - (Repealed)<br>Payment of consideration and return of equity shares 20. (1) The promoter shall immediately ^1[upon] success of the offer, open a special account with a banker to an issue regis....

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....r pledged by a shareholder pursuant to paragraphs 7 or 9 of Schedule II shall be returned or released to him, within ten working days from the closure of the offer, in cases where the bids pertaining ....