Listing fee dues cannot be recovered under operational debt: NCLAT while dismissing BSE petition

Listing fees comes under the ambit of 'regulatory dues', which markets regulator Sebi is entitled to recover, and the defaulting company being an entity registered under Sebi is under an obligation to follow the regulations prescribed by the regulator for the recovery of its dues, observed the NCLAT.

from Stocks-Markets-Economic Times https://ift.tt/32jY6Eo