• SENSEX
    NIFTY 50
big story

Decoding Lok Sabha election results 2019: 6 reasons how the verdict became a pro-incumbency vote

272/543
L :1
W :352
L :0
W :92
NDA :353 | Need More Seats to win
Need 180 More Seats to win | UPA : 92
LOK SABHA ELECTION RESULTS 2019
Total Constituencies
543
Voter Turnout
67.11%
NDA : 353
2014 : 354 Seats
BJP
303
+
SS
18
+
Other
32
UPA : 92
2014 : 66 Seats
INC
52
+
DMK
23
+
Other
17
OTH : 97
2014 : 107 Seats
TMC
22
+
YSRCP
22
+
Other
53
Market

Sebi must recast listing rules for the sake of feasibility

Updated : May 16, 2018 11:52 AM IST

Sebi issued a circular mandating companies whose securities are listed on stock exchanges to disclose every default in payment of interest and instalment obligations on debt securities or commercial loans obtained from banks or financial institutions.
But Sebi seems to have overlooked that at times, the listed corporate debtor may make due payment on receipt of such demand notice or in certain cases, genuine disputes might be involved in the claims of the operational creditors.
Likewise, existing requirements for reclassification of promoters into public shareholders and vice versa are very rigid and unclear.
Sebi must recast listing rules for the sake of feasibility
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV