Listed status clarified: specified classes listing prescribed securities may be excluded from being considered listed companies. The amendment inserts a proviso to the definition of listed company in section 2(clause 52) excluding specified classes of companies which have listed or ... Summary
Listed status clarified: specified classes listing prescribed securities may be excluded from being considered listed companies.
The amendment inserts a proviso to the definition of listed company in section 2(clause 52) excluding specified classes of companies which have listed or intend to list prescribed classes of securities, such classes and securities to be prescribed in consultation with the securities regulator, from being considered as listed companies.
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