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Can someone explain this para to me

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harkirat singh

harkirat singh

CA Inter

1K+

08-Aug-22 14:24

469

Answers (5)

Those companies can not be called as listed companies...it's just a list that's all


When company issue this type of security not called a listed companies


Divy Degda

Divy Degda

CA Final

2K+

08-Aug-22 16:29

The basic reason for getting the stock listed is to ensure the security of funds invested by investors (open public),and people generally invest in equity shares,so to the ministry has divided the companies into several classes of company,and framed rules and regulations as per the investors associated and their financial interest,in the above list the general public are not majorly involved,so they excluded from the definition of listed company


mani charan

mani charan

CA Final

3K+

08-Aug-22 20:26

Ok got it Thank You So Much ð???


Thread Starter

harkirat singh

harkirat singh

CA Inter

1K+

08-Aug-22 21:28

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