Delisting of company under liquidation

Hi,

The company was listed in Madras stock exchange (MSE). When MSE got de-recogonised, gave an option to delist the shares. Company opted for delisting. In between the process company went under liquidation (under IBC). What is the next process to be done? Company's master data as per MCA shows as unlisted company. 

Kindly clarify the practical aspects.

Thank you

Replies (1)

The company's liquidation under the IBC overrides the voluntary delisting process. Management control has shifted to the Liquidator, and shareholders are subject to the IBC’s "waterfall" distribution mechanism, where equity holders are the last to be paid. You should monitor official IBC public announcements for any updates regarding asset distribution, but generally, shares in a liquidated company lose their tradable value.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details
Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details