Conditions and procedure for delisting where exit opportunity is not required - Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2021.
Conditions and procedure for delisting where exit opportunity is not required - Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2021.
Compulsory delisting: exchanges must verify compliance, trace promoters, notify shareholders, and pursue prosecutions or strike off remedies. Recognised stock exchanges must assess prescribed statutory grounds and the extent of alleged non compliance and its effect on public shareholders before ... Summary
Compulsory delisting: exchanges must verify compliance, trace promoters, notify shareholders, and pursue prosecutions or strike off remedies.
Recognised stock exchanges must assess prescribed statutory grounds and the extent of alleged non compliance and its effect on public shareholders before compulsorily delisting equity shares; trace and contact promoters; publish names of proposed companies and promoters on the exchange website; verify compliance with company law via the Registrar of Companies; and, where appropriate, initiate prosecutions or seek winding up or strike off under applicable laws.
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