What are the reasons of a listed company be De-Listing or suspension?
A listed company may be de- listed or suspension for any of the following reasons:-
0101. If its securities are quoted below 50% of face value for a continuous period of 3 years.
0202. If it is failed to declare dividend for the last five years.
0303.If it is failed to hold AGM for the last 03 years.
0404.If it is failed to pay listing fees for the 02 years.
0505. If it has gone to liquidation.
0606. If it has failed to comply with the requirements of any of these regulations.
*Note:-Company can be suspended for above six (06) reasons But the company cannot be de-listed without give him an adequate opportunity of hearing.*
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