Rule 2A Companies not to be considered as listed companies
- Chapter
- I · Preliminary and Definitions
1Ins. by G.S.R. 123(E), dated 19th February, 2021 (Companies (Specification of definitions details) Second Amendment Rules, 2021), w.e.f. 1st April, 2021.For the purposes of the proviso to clause (52) of sectionDefined in rule 2(q): section means the section of the Act; 2[(r) * * * * *] (s) For the purposes of clause (d) of sub section (1) of Section 164 and clause (f) of sub section (1) of section 167 of the Act, or otherwise means any offence in respect of which he has been convicted by a Court under this Act or the Companies Act, 1956; 3[(t)... 2 of the ActDefined in rule 2(a): Act means the Companies Act, 2013 (18 of 2013), the following classes of companies shall not be considered as listed companies, namely:-
1Ins. by G.S.R. 123(E), dated 19th February, 2021 (Companies (Specification of definitions details) Second Amendment Rules, 2021), w.e.f. 1st April, 2021.(a) Public companies which have not listed their equity shares on a recognized stock exchange but have listed their
1Ins. by G.S.R. 123(E), dated 19th February, 2021 (Companies (Specification of definitions details) Second Amendment Rules, 2021), w.e.f. 1st April, 2021.(i) non-convertible debt securities issued on private placement basis in terms of SEBI (Issue and Listing of Debt Securities) Regulations, 2008; or
1Ins. by G.S.R. 123(E), dated 19th February, 2021 (Companies (Specification of definitions details) Second Amendment Rules, 2021), w.e.f. 1st April, 2021.(ii) non-convertible redeemable preference shares issued on private placement basis in terms of SEBI (Issue and Listing of Non-Convertible Redeemable Preference Shares) Regulations, 2013; or
1Ins. by G.S.R. 123(E), dated 19th February, 2021 (Companies (Specification of definitions details) Second Amendment Rules, 2021), w.e.f. 1st April, 2021.(iii) both categories of (i) and (ii) above.
1Ins. by G.S.R. 123(E), dated 19th February, 2021 (Companies (Specification of definitions details) Second Amendment Rules, 2021), w.e.f. 1st April, 2021.(b) Private companies which have listed their non-convertible debt securities on private placement basis on a recognized stock exchange in terms of SEBI (Issue and Listing of Debt Securities) Regulations, 2008;
1Ins. by G.S.R. 123(E), dated 19th February, 2021 (Companies (Specification of definitions details) Second Amendment Rules, 2021), w.e.f. 1st April, 2021.(c) Public companies which have not listed their equity shares on a recognized stock exchange but whose equity shares are listed on a stock exchange in a jurisdiction as specified in sub-section (3) of sectionDefined in rule 2(q): section means the section of the Act; 2[(r) * * * * *] (s) For the purposes of clause (d) of sub section (1) of Section 164 and clause (f) of sub section (1) of section 167 of the Act, or otherwise means any offence in respect of which he has been convicted by a Court under this Act or the Companies Act, 1956; 3[(t)... 23 of the ActDefined in rule 2(a): Act means the Companies Act, 2013 (18 of 2013).
1. Ins. by G.S.R. 123(E), dated 19th February, 2021 (Companies (Specification of definitions details) Second Amendment Rules, 2021), w.e.f. 1st April, 2021.