Securities Contracts (Regulation) Act, 1956
Section - 21 - Conditions for listing
LISTING OF SECURITIES[***][Conditions for listing.21. Where securities are listed on the application of any person in any recognised stock exchange, such person shall comply with the conditions of the listing agreement with that stock exchange.]
48. Words "BY PUBLIC COMPANIES" omitted by the Securities Laws (Amendment) Act, 1999, w.e.f. 22-2-2000.
49. Substituted by the Securities Laws (Amendment) Act, 1995, w.e.f. 25-1-1995. Prior to substitution, section 21 read as under :
| - | "21. Power to compel listing of securities by public companies.-Notwithstanding anything contained in any other law for the time being in force, if the Securities and Exchange Board of India is of opinion, having regard to the nature of the securities issued by any public company as defined in the Companies Act, 1956 (1 of 1956), or to the dealings in them, that it is necessary or expedient in the interest of the trade or in the public interest so to do, it may require the company, after giving it an opportunity of being heard in the matter, to comply with such requirements as may be prescribed with respect to the listing of its securities on any recognised stock exchange." | < .... To read the full section download the app from Google Play store
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