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Ministry of Corporate Affairs provides exemptions to companies with listed debt securities

On 19 February 2021 the Ministry of Corporate Affairs brought much-awaited relief to purely debt-listed public and private companies by exempting them from the purview of listed companies (and associated compliances) under the Companies Act 2013 and the rules thereunder. This amendment comes into effect on 1 April 2021.
Amended definition of listed company
The following company categories have been excluded from the definition of listed company under the Companies Act 2013 through an amendment to the Companies (Specification of Definitions Details) Rules 2014:
public companies that have not listed their equity shares but have listed non-convertible debentures or non-convertible redeemable preference shares under an applicable law, on a private placement basis; ....

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גאדג'טי מסקר: Realme 7 5G – מכשיר 5G בפחות מ-1500 ש"ח

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