Market access restriction bars delisted company, promoters and directors from seeking equity listing for a decade. Compulsory delisting imposes a market access ban: the delisted company, its whole-time directors, promoters and companies promoted by them cannot access the securities market or seek equity listing for ten years. Where fair value is positive, promoter-held equity transfers and corporate benefits are frozen and promoters and whole-time directors are barred from directorships of listed companies until an exit option to public shareholders is provided and certified by the recognized stock exchange.