https://www.taxtmi.com/notifications?id=127570 Rule 21 provides a framework for delisting of securities: prescribed grounds (losses with negative net worth; prolonged trading suspension; infrequent trading; specified convictions; unknown or false addresses; inadequate public shareholding), a requirement of reasonable opportunity to be heard, joint and several liability of the company, promoters and directors to purchase outstanding securities at a fair price determined under SEBI regulations, and provisions for voluntary delisting subject to minimum listing period, public shareholder approval and purchase obligations, with SEBI able to dispense with the purchase condition in specified circumstances. en-us Wed, 10 Jun 2009 00:00:00 +0530 Sat, 29 Dec 2018 18:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=127570 Rule 21 provides a framework for delisting of securities: prescribed grounds (losses with negative net worth; prolonged trading suspension; infrequent trading; specified convictions; unknown or false addresses; inadequate public shareholding), a requirement of reasonable opportunity to be heard, joint and several liability of the company, promoters and directors to purchase outstanding securities at a fair price determined under SEBI regulations, and provisions for voluntary delisting subject to minimum listing period, public shareholder approval and purchase obligations, with SEBI able to dispense with the purchase condition in specified circumstances. Notifications SEBI Wed, 10 Jun 2009 00:00:00 +0530 https://www.taxtmi.com/notifications?id=127570