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How to differentiate listed and unlisted co?

Shrina (Student) (33 Points)

22 October 2010

Suppose we are auditing 10 co. out of which 4 are listed,now how can I differentiate these 4 listed co.out of 10?

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Avinash (Student) (91 Points)
Replied 22 October 2010

You can differentiate by the CIN of the Company. If the CIN starts with "U" then its Unlisted and if it starts with "L", its listed.

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Ajay Mishra (Company Secretary) (74337 Points)
Replied 23 October 2010

Listed Company

A listed company means a company which is listen on different stock exchanges in India or outside India and their shares are traded on stock exchanges. For Listing company made an agreement with stock exchanges and follow the guidelines given in Listing Agreement of every exchanges.

Unlisted Company

An unlisted company means a company whose shares are not available to general public for trading and not listed to stock exchanges. An unlisted company can be private limited company or public limited company

Regards

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MANI GUPTA (CA) (300 Points)
Replied 23 October 2010

Avinash is right.. Simple method or u can refer to Annual return of the Companies. U'll find that on the front page

(Guest)

Reply provided by CS Ajay Mishra is correct.

Suresh Prasad (www.aubsp.com) (15630 Points)
Replied 27 October 2010

Sec 2(23A) "listed public companies" means a public company which has any of its securities listed in any recognized stock exchange.

You also can see Form of annual return of a company having a Share capital SCHEDULE V, PART II, from there you easily identify that whether the company is listed or not.

Each company (Indian or foreign) has a unique CIN (Corporate Identity Number).If the CIN starts with "U" then its Unlisted and if it starts with "L", its listed.