Tag: Annual Listing Fees

  • BSE initiates IBC proceedings against seven companies

    BSE initiates IBC proceedings against seven companies

    Mumbai : Stock exchange major BSE on Tuesday filed proceedings under the Insolvency and Bankruptcy Code (IBC) 2016 against seven listed companies for failing to pay the “Annual Listing Fees” (ALF) in spite of “advance intimation, reminders and grant of sufficient time in the past few years”. According to the BSE, there are about 130…