Law
This query is : Resolved
08 July 2010
hi guyz this is rishika here
i have a query so please help me out
does the resultant company need to be listed after demergerof a public limited company?
And how does it go about it
regards
rishika
i have a query so please help me out
does the resultant company need to be listed after demergerof a public limited company?
And how does it go about it
regards
rishika
08 July 2010
Hello,
As per my understanding Listing of any company on STX is not mandatory in any condition. It is totally a management decision.
Other expert views solicited.
Thanks
As per my understanding Listing of any company on STX is not mandatory in any condition. It is totally a management decision.
Other expert views solicited.
Thanks
08 July 2010
After Demerger, the resultant Company may be a Private Limited Co, may be a Public Ltd Co.
And It is upto thye management to decide what will be the status of the resultant Co.
But So far as Listing is Concerned, you have to see the Resultant Company is Public or not.
Once it fulfills all the Criteria to become a Public Ltd. Co, then you go for listing.
And It is upto thye management to decide what will be the status of the resultant Co.
But So far as Listing is Concerned, you have to see the Resultant Company is Public or not.
Once it fulfills all the Criteria to become a Public Ltd. Co, then you go for listing.
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