In order to give effect to the requirements of SEBI(Listing Obligations and Disclosure Requirements) Regulations, 2015, SEBI vide its circular dated October 13,2015 has specified a simplified listing agreement which is uniform across all types of securities/listed entities.
A listed entity which has previously entered into agreement(s) with a recognised Stock Exchange(s) to list its securities shall execute a fresh listing agreement with such Stock Exchange within six months of the date of notification of SEBI Listing Regulations i.e. September 2, 2015.
The circular clearly specifies that notwithstanding such novation, any action taken or purported to have been done or taken by the Stock Exchanges or SEBI, any enquiry or investigation commenced or show cause notice issued in respect of the existing listing agreement shall be deemed to have been done or taken under the corresponding provisions of the Listing Regulations in force.
SEBI Circular CIR/CFD/CMD/6/2015 dated October 13,2015 is attached for ready reference please
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A listed entity which has previously entered into agreement(s) with a recognised Stock Exchange(s) to list its securities shall execute a fresh listing agreement with such Stock Exchange within six months of the date of notification of SEBI Listing Regulations i.e. September 2, 2015.
The circular clearly specifies that notwithstanding such novation, any action taken or purported to have been done or taken by the Stock Exchanges or SEBI, any enquiry or investigation commenced or show cause notice issued in respect of the existing listing agreement shall be deemed to have been done or taken under the corresponding provisions of the Listing Regulations in force.
SEBI Circular CIR/CFD/CMD/6/2015 dated October 13,2015 is attached for ready reference please
CSGAURAV +919990694230
[email protected]
https://gauravsharmaassociates.wordpress.com https://femaindiaservices.wordpress.com https://www.facebook.com/gauravdelhiravpage
Subscribe to CS GAURAV SHARMA by Email
