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EUROPAGES is a European B2B platform in 26 languages, with 2.5 million registered companies, mainly manufacturers, service providers, wholesalers and distributors. In terms of the said circular, the companies (NBFCs) shall obtain RBI approval before approaching the court or tribunal under Section 391-394 of the Companies Act, 1956 or Section 230-233 of Companies Act, 2013 for seeking an order for mergers or amalgamations.
The Committee find merit in the argument from operational perspective that the scope of above definition of Listed Company” may be confined to listed securities issued through the process of Public offer” as defined in clause 23(1) …