https://www.taxtmi.com/news?id=74785 Reported rejection of Tata Sons' application to surrender its NBFC licence leaves it classified as an upper-layer NBFC and subject to mandatory public listing. The deregistration application was reportedly declined because necessary criteria were not met. The upper-layer NBFC framework identifies entities requiring compulsory listing and automatically includes NBFCs with assets above the prescribed threshold. en-us Sat, 12 Sep 2026 19:31:02 +0530 Sat, 12 Sep 2026 19:31:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=74785 Reported rejection of Tata Sons' application to surrender its NBFC licence leaves it classified as an upper-layer NBFC and subject to mandatory public listing. The deregistration application was reportedly declined because necessary criteria were not met. The upper-layer NBFC framework identifies entities requiring compulsory listing and automatically includes NBFCs with assets above the prescribed threshold. News - Sat, 12 Sep 2026 19:31:02 +0530 https://www.taxtmi.com/news?id=74785