Exchange delisting authority may bar promoters' issuers from listing on growth platform after listing non compliance. Recognised stock exchanges may delist specified securities of issuers listed without a public issue for non compliance with listing conditions, in the manner specified by the exchange. Issuers promoted by the promoters and directors of a delisted entity are barred from listing on the innovators growth platform for a period following delisting, except where an issuer is promoted by an independent director of the delisted issuer.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Exchange delisting authority may bar promoters' issuers from listing on growth platform after listing non compliance.
Recognised stock exchanges may delist specified securities of issuers listed without a public issue for non compliance with listing conditions, in the manner specified by the exchange. Issuers promoted by the promoters and directors of a delisted entity are barred from listing on the innovators growth platform for a period following delisting, except where an issuer is promoted by an independent director of the delisted issuer.
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