Reg:- stock exchng arrear fees pymt un.r delisting process

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This query is : Resolved

joginder (Querist)

04 February 2010 hello everyone,

If some body know please reply...........

My company is listed in five stock exchanges namely delhi, bombay, jaipur ludiyana & kolkata.
and

We were apply for delisting in 4 stock exchanges except BSE in 2004.

But till know due to documentation process we not succeed and now the stock exchanges are demanding for their pending fees from 2004 to 31.03.2010.

But we excuse that we are under process of delisting so we have not to pay this fees.

CAN SOME BODY TELL ME EXECT PROVISION REGARDING THIS PROBLEM IF KNOW?

CAN SOMEBODY TELL ME THE PROCESS OF DELISTING OF SECURITY FROM ANY STOCK EXCHNAGE with PROPER SEBI GUIDLINESS & SUITABLE FORM FORMALITIES.

WATING FOR REPLY

Rasesh

Rasesh (Expert)

05 February 2010 The stock exchanges will definitely demand the arrears and will not grant de-listing permission until the arrears are paid off. Every SE has their internal rules and guidelines and their demand is also logical. since they are demanding fees for the period when you were listed on those exchanges.

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