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.... collective investment scheme, acting by itself or through a merchant banker, who proposes to make an application to the Authority for a letter precedent to listing; (c) 'Authority' means the Central Listing Authority established under regulation 3 of these regulations; (d) 'Board' means the Securities and Exchange Board of India established under section 3 of the Act; (e)'Chief Executive....

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....tion made by an applicant, under applicable laws, to an exchange for permission for its securities to be listed and dealt with in the exchange; Explanation: An application to any exchange for obtaining any prior 'inprinciple' approval or for obtaining the comments or observations of the exchange on such application shall not be deemed to be a listing application for the purposes of these regula....