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Wilful Defaulter – Regulation 6A of SEBI SAST Regulations · No person who is a wilful defaulter shall make a public announcement of an open offer for acquiring shares or enter into any transaction that would attract the obligation to make a public announcement of an open offer for acquiring shares under these regulations. · However, this regulation shall not prohibit the wilful defaulter from making a competing offer in accordance with regulation 20 of these regulations upon any other person making an open offer for acquiring shares of the target company. · Therefore, for willful defaulter the only route available is making competing offer.
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Once in a blue moon
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Imperative
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Mitigate
12. A) Goodness B) Practical C) Unethical D) Moral
OBSEQUIOUS
Stop talking children,‛ said the teacher .
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EMULATE
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The prudent decision saved the company from fi...
Deliberately cause (someone) to believe something that is not true, especially for personal gain