Bombay Stock Exchange
Circulars to Listed Companies
LIST/COMP/44/2018-19
Date: February 26, 2019
Sub: Service of Notice of the court convened meeting for Schemes of Compromise, Arrangement, Amalgamation as well as Reduction of Capital (Schemes) through the Listing Centre.
This has reference to Section 230 (5) of the Companies Act, 2013 (Act), read with Rule 8 of Companies (Compromises, Arrangements and Amalgamations) Rules 2016 (Company Rules) and Section 66 of the Act read with Rule 3 of the Company Rules wherein pursuant to an Order passed by the Hon’ble National Company Law Tribunal, a Notice of the proposed scheme of compromise or arrangement filed under sections 230-232 or Section 66 of the Companies Act 2013 as the case may be is required to be served upon the Exchange seeking representations or objections if any.
In this regard, with a view to have a better transparency in processing the aforesaid notices served upon the Exchange, the Exchange has introduced an online system of serving such Notice along with the relevant documents of the proposed schemes through the BSE Listing Centre.
Henceforth, any service of notice under Section 230 (5) or Section 66 of the Companies Act 2013 seeking Exchange’s representations or objections if any, would be accepted and processed through the Listing Centre only and no physical filings would be accepted.
The service of such notice can be filed through the Listing Module – NCLT.
For further details you may write to listing.compliance@bseindia.com
(Hitesh Desai)
Addl. General Manager
(Nisha Mehta)
Manager
