New Enroll for RBI, PFRDA & NABARD Intro Class! April 18 at 9:15 PM

    Question

    The ______________________ may delist the securities,

    after recording the reasons therefor, from any recognised stock exchange on any of the ground or grounds as may be prescribed under the SC(R)A 
    A SEBI Correct Answer Incorrect Answer
    B RBI Correct Answer Incorrect Answer
    C SAT Correct Answer Incorrect Answer
    D Central Government Correct Answer Incorrect Answer
    E Recognised stock exchange Correct Answer Incorrect Answer

    Solution

    Section 21A. Delisting of securities--(1) A recognised stock exchange may delist the securities, after recording the reasons therefor, from any recognised stock exchange on any of the ground or grounds as may be prescribed under this Act: Provided that the securities of a company shall not be delisted unless the company concerned has been given a reasonable opportunity of being heard.

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