Merged Definition of a 'Listed Company' in Section 2(52) of the Companies Act, 2013

CS Divesh Goyal | Last updated: 24 July 2021

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The Ministry of Corporate Affairs has revised the definition of a 'Listed Company' in Section 2(52) of the Companies Act, 2013. This update aims to provide compliance relief to public limited companies that haven't listed equity shares but have listed debt or preference securities, and private limited companies with listed debt securities. These companies will no longer be considered 'listed' under the Act, potentially easing several regulatory requirements.

MCA has issued Companies (Specification of Definition details) Second Amendment Rules, 2021 dated 19th February 2021. Through these rules, MCA has changed the definition of Listed Company in Section 2(52) of Companies Act, 2013. However, An enabling provision to do this was introduced in the Comp

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About the Author

CS Divesh Goyal

Practicing Compnay Secretary

CAREER PROFILE He is a Fellow Member of the Institute of Companies Secretaries of India having intense expertise in Corporate Law for the last 8 years. He is a young and progressive Practicing Company Secretary with zeal to dig deep into the nuances of Corporate Laws. Being a researcher at heart, he has done ... Read more

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