ADVERTISEMENT
Companies Act Amendment Will Facilitate Direct Overseas Listing
The MCA has excluded a class of entities from definition of listed companies to ease compliance burden, promote overseas listing.
26 Feb 2021, 01:54 PM IST
Companies that are considered ‘listed’ only by virtue of having issued specified debt instruments can breathe easy on the compliance front starting April 2021.For instance, such issuances were done by some of the IL&FS group entities, unlisted companies in the non-banking financial and power sectors. As a result, they were considered ‘listed’ and were required to comply with norms relating to appointment of internal auditor or indepe...
I’m already a Subscriber Sign In
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Choose a plan
Renews automatically. Cancel anytime.
As a Subscriber you get
Access to
Stories
Curated
Newsletters
20,000+
Research Reports
Priority Pass
to Special Events
Ad-Lite
Experience
Members-Only
Rewards
NDTV Profit
Exclusive Stories
Full Access to
NDTV Profit App
Access to
Stories
20,000+
Research Reports
Ad-Lite
Experience
NDTV Profit
Exclusive Stories
Curated
Newsletters
Priority Pass
to Special Events
Members-Only
Rewards
Full Access to
NDTV Profit App
Still Not convinced ? Know More
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
ADVERTISEMENT