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Consequences of compulsory delisting

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Full Text of the Document

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.... the securities laws, its promoters and the companies which are promoted by any of them shall not directly or indirectly access the securities market or seek listing of any equity shares or act as an intermediary in the securities market for a period of ten years from the date of such delisting. (2) In case of a company whose fair value is positive - (a) such a company and the deposito....