Guidelines for Compulsory Delisting

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..... of 1956) while compulsorily delisting the equity shares of the company. 2. The recognised stock exchange shall take all reasonable steps to trace the promoters of a company whose equity shares are proposed to be delisted, with a view to ensuring compliance with sub-regulation (4) of regulation 33. 3. The recognised stock exchange shall consider the nature and extent of the alleged non-compliance b .....

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..... ion) Act, 1956 (42 of 1956) or any other law for the time being in force against identifiable promoters and directors of the company for the alleged non-compliances. 7. The recognised stock exchange shall, in appropriate cases, under the applicable provisions of the Companies Act, 2013 (18 of 2013), file a petition for winding up the company or make a request to the Registrar of Companies to strik .....

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