Bill to let Startups list overseas gets Lok Sabha nod
Shortpedia
Content Team
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The Lok Sabha, on Saturday, passed the Companies (Amendment) Bill, 2020. The bill allows public companies to list certain class of securities in foreign jurisdictions. The current legal framework doesn’t allow Indian companies to directly list abroad, before getting themselves listed in Indian stock exchanges. The bill seeks to allow public companies to list certain class of securities in foreign jurisdictions
