https://www.taxtmi.com/news?id=19731 Vanishing companies are limited to entities that were listed at public issue and are subject to coordinated tracing and enforcement; a dedicated Coordination and Monitoring Committee has traced a majority of identified listed vanished companies and actions under company and criminal law against those companies and their directors/promoters are underway. Companies struck off under Section 248 of the Companies Act, 2013 are excluded from the vanishing-companies definition, and closure of regional stock exchanges by SEBI does not alter listing status except per SEBI procedures. en-us Wed, 14 Mar 2018 09:47:37 +0530 Wed, 14 Mar 2018 09:47:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19731 Vanishing companies are limited to entities that were listed at public issue and are subject to coordinated tracing and enforcement; a dedicated Coordination and Monitoring Committee has traced a majority of identified listed vanished companies and actions under company and criminal law against those companies and their directors/promoters are underway. Companies struck off under Section 248 of the Companies Act, 2013 are excluded from the vanishing-companies definition, and closure of regional stock exchanges by SEBI does not alter listing status except per SEBI procedures. News - Wed, 14 Mar 2018 09:47:37 +0530 https://www.taxtmi.com/news?id=19731