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Govt allows direct overseas listing of securities by Indian public companies

Nirmala Sitharaman India Government
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To further enhance the Ease of Doing business, Finance Minister Nirmala Sitharaman today said that the government will allow direct listing of securities by Indian public companies in permissible foreign jurisdictions.

Private companies which list NCDs on stock exchanges not to be regarded as listed companies. With an eye on further enhancement of Ease of Doing Business, the government announced suspension of fresh initiation of insolvency proceedings up to one year.

It also decided to exclude COVID 19 related debt from the definition of “default" under IBC. Click here to read the Mint ePaper Livemint.com is now on Telegram.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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