Monitoring of listing compliance: stock exchanges must verify disclosures, seek clarifications, and report unsatisfactory responses for enforcement. Recognised Stock Exchanges must establish staffed frameworks to monitor the adequacy and accuracy of listed companies' disclosures under the Equity Listing Agreement, detect violations of securities laws and the Listing Agreement, seek timely clarifications from issuers, publish queries and responses with original disclosures, treat unsatisfactory or absent replies as non compliance subject to fines and suspension procedures, report such cases to the regulator via an 'Exception Report,' and set up a dedicated monitoring cell while disclosing responsible promoters, directors or key managerial personnel in cases of default.
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.
Monitoring of listing compliance: stock exchanges must verify disclosures, seek clarifications, and report unsatisfactory responses for enforcement.
Recognised Stock Exchanges must establish staffed frameworks to monitor the adequacy and accuracy of listed companies' disclosures under the Equity Listing Agreement, detect violations of securities laws and the Listing Agreement, seek timely clarifications from issuers, publish queries and responses with original disclosures, treat unsatisfactory or absent replies as non compliance subject to fines and suspension procedures, report such cases to the regulator via an "Exception Report," and set up a dedicated monitoring cell while disclosing responsible promoters, directors or key managerial personnel in cases of default.
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