123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Writing >> View Article

Certain Companies Not To Be Considered As Listed Company

Profile Picture
By Author: Amanda Ross
Total Articles: 1
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

MCA has vide its Notification dated 19th day of February, 2021 amended the Companies (Specification of definitions details) Rules, 2014.

The amendment has inserted another rule after rule 2. The newly inserted rule 2-A excludes following companies from the ambit of listed companies as defined under clause 52 of section 2 of the Companies Act, 2013 (“Act”), namely:-

(a) Public companies which have not listed their equity shares on a recognized stock exchange but have listed their –

(i) non-convertible debt securities issued on private placement basis in terms of SEBI (Issue and Listing of Debt Securities) Regulations, 2008; or

(ii) non-convertible redeemable preference shares issued on private placement basis in terms of SEBI (Issue and Listing of Non-Convertible Redeemable Preference Shares) Regulations, 2013; or

(iii) both categories of (i) and (ii) above.

(b) Private companies which have listed their non-convertible debt securities on private placement basis on a recognized stock exchange in terms of SEBI (Issue and Listing of Debt Securities) Regulations, 2008;

(c) Public companies which have not listed their equity shares on a recognized stock exchange but...
Continue reading go here:- News From MCA

Total Views: 411Word Count: 181See All articles From Author

Add Comment

Writing Articles

1. Master The Art Of Words: Insider Tips For Exceptional Content Writing
Author: priyanka

2. Wood Fence Repair Made Easy: Tips For Toronto Homeowners
Author: adlerconway

3. Top 10 Content Writing Companies In Jaipur
Author: absyntech

4. Top Benefits Of Using A Free Tarot Card Reading App
Author: astrosir

5. Power Of Motivational Quotes
Author: Motivation Gyan

6. The Impact Of Sap Erp Solutions: Real-time Insights And Success Stories
Author: sagar

7. Revolutionizing Scientific Writing: Take Smarter Notes, Faster
Author: Online Writer

8. Merry Christmas Eve
Author: Motivation Gyan

9. Beyond The Benchmark: Leveraging Reverse Engineering For A Winning Product Strategy
Author: andrew smith

10. Inspirational Life Good Morning Quotes
Author: Motivation Gyan

11. Bangalore's Best Content Writing Professionals Services Agency
Author: italics began as a humble backyard content writing

12. Online Cfd Trading: Your Questions Answered
Author: johnson

13. Content Marketing 101: Create Engaging Content Your Audience Loves
Author: vedpandey

14. Enhancing The Essay Writing Process
Author: Creighton Lyon

15. Cnc Machine Tools Precision Solutions For Modern Manufacturing
Author: Blocktobox

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: