(a) whether the Government have a proposal for
separate Listing Corporation of India
for listing the Companies on various stock exchanges;
(b) if so, the details thereof;
(c) the time by which it is likely to start functioning; and
(d) if not, the reasons therefor?
MINISTER OF STATE IN THE MINISTRY OF FINANCE (V. DHANANJAYA KUMAR)
(a) to (d): The Securities Contracts (Regulation) Act,
1956 provides for listing of companies on
recognised stock exchanges and companies
are required to comply with
the conditions of the listing agreement
entered into by the company with
the stock exchange concerned. Currently, there
is no Government proposal to set
up a separate Listing Corporation of India.