CCI Online Learning
50% OFF in CA/CS/CMA Subjects
     
CIBIL

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Listed public company?


Hiten (CA)     09 September 2016

Hiten
CA 
 7 likes  275 points

| My Other Post

can anyone explain me what is Listed public company? like for eg.149(4) of companies act,2013 states that Every "listed public company" shall have 1/3 of total director as independent director what I understood is that every listed company is public company. then what is this listed public company? can there be listed private company too..?

avater

dig vijay (ok)     09 September 2016

dig vijay
ok 
 9 likes  146 points

View Profile | My Other Post

Well currently there is no such company as listed private company. But in future

1 Like
avater

dig vijay (ok)     09 September 2016

dig vijay
ok 
 9 likes  146 points

View Profile | My Other Post

the might be a situation where a private limited company can become a listed company

avater

ANKUR TAH (Teacher Consultant and CA finalist.)     10 September 2016

ANKUR TAH
Teacher Consultant and CA finalist. 
 39 likes  543 points

View Profile | My Other Post

Listed co is basically the co whose name mentioned in National stock exchange/ Bombay stock exchange. And generally listed for trading by public.
Here public investment is exist that's why it's called public co.
Sebi is controlled all the regulatory matter.
And yes every listed co have to rotate directors as per sec152(6).

avater

Heena (Financial Analyst)     22 September 2016

Heena
Financial Analyst 
 21 points

View Profile | My Other Post

the term listed public company is used in this section only to imply it's applicability to listed company, which means any other public company which is not listed on a stock exchange need not follow this provision. here we have to distinguish between only listed and unlisted public companies. private companies cannot be listed.


(Guest)

Pvt companies can list there debentures... so 149(4) clearly used listed PUBLIC companies.... If it uses listed companies.. then Pvt companies which has listed there debentures also will fall


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  



Related Threads


Loading

Popular Discussion


view more »



Trending Tags
GST Live Class    |    x