https://www.taxtmi.com/circulars?id=57859 SEBI requires that promoters and directors of non-compliant Exclusively Listed Companies must have all equity share transfers and corporate benefits frozen and their identities disseminated; their bank accounts/assets may be attached to compensate investors. Such promoters, directors and promoted companies are barred from raising capital in the securities market and from serving as directors of listed companies until an exit option is provided to public shareholders and certified by the Designated Stock Exchanges, with Exchanges and Depositories instructed to coordinate enforcement. en-us Tue, 01 Aug 2017 00:00:00 +0530 Sat, 01 Dec 2018 11:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=57859 SEBI requires that promoters and directors of non-compliant Exclusively Listed Companies must have all equity share transfers and corporate benefits frozen and their identities disseminated; their bank accounts/assets may be attached to compensate investors. Such promoters, directors and promoted companies are barred from raising capital in the securities market and from serving as directors of listed companies until an exit option is provided to public shareholders and certified by the Designated Stock Exchanges, with Exchanges and Depositories instructed to coordinate enforcement. Circulars SEBI Tue, 01 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/circulars?id=57859