Interim Order in the matter of Non-Compliance of the requirement of Minimum Public Shareholding by the Listed Companies in Private Sector
The Securities Contracts (Regulation) Rules, 1957 were amended in 2010 to provide for minimum and continuous public shareholding requirement in listed companies in private sector at 25%. In terms of these Rules, all listed companies have to comply with the said requirement by June 03, 2013. This was done with a view that a dispersed… Read More
Tags: Maxima and minima, Public company, Regulation, Requirement, SEBI, Securities & Exchange Board of India, Shareholder, Stock exchange
Concept of Private Listed Company
Well any literate will take the above title as contradictory and absurd as there can be no such company which is privately held and still a publicly traded company. I want to assure our readers that the title is not my creativity, but what is proposed by Companies Bill, 2012 (herein after referred as Bill).… Read More
Tags: Bill, Companies Act, India, Maxima and minima, Privately held company, Public company, Sahara, Securities & Exchange Board of India, Stock exchange, The Companies Act 1956
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