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Doubt regarding CA, 2013

MAYANK JAIN (21 Points)

27 September 2022

Can a public company be unlisted??

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3 Replies

prasad Nilugal ( GST Practitioner & Accounts ) (14167 Points)
Replied 28 September 2022

Yes .......................

CA Amarnadh Kandula (40 Points)
Replied 28 September 2022

Yes, if it went to certain circumstances

Chirag (Professional) (1979 Points)
Replied 01 October 2022

If company want to issue securities to public at large than Public Ltd company is a first pre requisite, if ,IPO fails or company don't get nod for IPO or some procedural issues then it's still a public company but unlisted ,Sometimes Private companies also listed their NCD's to surpass deposit regulations or for better price discovery...