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Companies (Listing of equity shares in permissible jurisdictions) Rules, 2024

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..... date of their publication in the Official Gazette. 2. Definitions. (1) In these rules, unless the context otherwise requires, (a) Act means the Companies Act, 2013 (18 of 2013) ; (b) 'Authority means the International Financial Services Centres Authority established under section 4 of the International Financial Services Centres Authority Act, 2019 (50 of 2019); (c) fees means fees as specified under the Companies (Registration Offices and Fees) Rules, 2014 ; (d) permissible jurisdiction means a jurisdiction specified in the First Schedule; (e) Schedule means the Schedule annexed to these rules; (f) Scheme means the Direct Listing of Equity Shares of Companies incorporated in India on Internati .....

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..... permissible jurisdiction by an unlisted public company which also intends to get its equity shares listed with any recognised stock exchange as defined under clause (f) of section 2 of the Securities Contracts (Regulation) Act, 1956 (42 of 1956) shall also be in compliance with such conditions as may be specified by the Securities and Exchange Board of India. (4) The unlisted public company shall file the prospectus in e-Form LEAP-1 specified in the Second Schedule along with the fees within a period of seven days after the same has been finalised and filed in the permitted exchange. (5) After the listing of the equity shares of a company on any of the stock exchanges in a permissible jurisdiction, the company shall comply with .....

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..... Code, 2016 (31 of 2016) and in case any proceedings against the company for winding-up under the Act or for resolution or winding-up under the Insolvency and Bankruptcy code, 2016 (31 of 2016) is pending; (g) has defaulted in filing of an annual return under section 92 or financial statement under section 137 of the Act within the specified period. The First Schedule [See rule 2 (1) (d) and(e)] (1) (2) Permissible Jurisdiction . Permitted Stock Exchange . International Financial Services Centre in India. India International Exchange, NSE International Exchange. [File Number. 5/1/2021-CL- .....

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