https://www.taxtmi.com/acts?id=39993 Compulsory delisting bars the delisted company, its whole-time directors, compliance-responsible persons, promoters and promoter promoted companies from accessing the securities market, seeking equity listing or acting as intermediaries for a prescribed period. If the company's fair value is positive, transfers and encumbrances of promoter/promoter group shares and corporate benefits in respect of those shares are frozen until an exit option is provided to public shareholders certified by the recognised stock exchange; until that exit is provided, the promoters, whole time directors and compliance responsible persons are ineligible to be directors of any listed company. Stock exchanges must monitor and enforce these requirements. en-us Tue, 15 Jun 2021 11:53:37 +0530 Tue, 06 Aug 2024 18:46:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=39993 Compulsory delisting bars the delisted company, its whole-time directors, compliance-responsible persons, promoters and promoter promoted companies from accessing the securities market, seeking equity listing or acting as intermediaries for a prescribed period. If the company's fair value is positive, transfers and encumbrances of promoter/promoter group shares and corporate benefits in respect of those shares are frozen until an exit option is provided to public shareholders certified by the recognised stock exchange; until that exit is provided, the promoters, whole time directors and compliance responsible persons are ineligible to be directors of any listed company. Stock exchanges must monitor and enforce these requirements. Act-Rules SEBI Tue, 15 Jun 2021 11:53:37 +0530 https://www.taxtmi.com/acts?id=39993