Consequences of compulsory delisting

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Full Text of the Document

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....ich are promoted by any of them shall not directly or indirectly access the securities market or seek listing for any equity shares for a period of ten years from the date of such delisting. ^2[(2) In case of such companies whose fair value is positive - (a) such a company and the depositories shall not effect transfer, by way of sale, pledge, etc., of any of the equity shares held by the pr....