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    HomeNewsOpinionMCA proposes a tough and separate regime for large unlisted companies

    MCA proposes a tough and separate regime for large unlisted companies

    A separate regime for unlisted companies is a good idea but has to be executed carefully and most importantly, an independent regulator should oversee the regime

    Jayant Thakur
    October 06, 2023 / 09:26 IST
    MCA proposes a tough and separate regime for large unlisted companies

    The proposal is to create a similar but strict regime for large unlisted companies. The idea is that there can be a larger impact if such companies are mismanaged or, worse, carry out big frauds. Indeed, many are comparable to or even larger than some listed companies particularly in terms of valuation.

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